The Fair Share Report

803 E St

Millville, NJ 08332

The town corrects for market drift once a year — but only on average. This report measures whether this house drifted with the herd or away from it.

Step 1 · Market value

≈ $285,795

Likely range $222,675 – $334,171, from 12 comparable Millville sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

57.44%

The state's official measure of how far Millville assessments sit below market value — republished every October, applied town-wide. A $285,795 home should be assessed near $164,161.

Step 3 · Assessed value

$119,600

Set at the last town-wide revaluation and mostly frozen since. That's $44,561 below what the ratio math suggests (27.1%).

Step 4 · The tax rate — same for every Millville home

$4.053 per $100 assessed

$1.141 Schools · 28% $1.494 County · 37% $1.418 Town · 35%

Step 5 · The bill

$4,851/yr
Public schools$1,366
Cumberland County$1,788
Town of Millville$1,697
Millville average$5,109

This home vs. every recent Millville sale · assessed ÷ market

Town median 48.2%
This home · 41.8%

30%79%

Paying about right

This home's ratio lands inside Millville's normal band. The drift hasn't singled it out — no case for a tax appeal.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
21 PORRECA DR2025-04$315,0001,46451.2%
1201 E BUCKSHUTEM RD2025-09$243,0001,56051.4%
10 HOMESTEAD DR2026-04$328,0001,50744.3%
405 GLENSIDE RD2025-12$365,0001,48841.1%
1800 WHEATON AVE2025-08$255,0001,50341.8%
13 CAROL DR2025-12$270,0001,30245.2%
902 SHAR LANE BLVD2025-08$180,0001,43261.6%
2405 SHELBURN RD2025-01$280,0001,26447.7%
601 N 9TH ST2025-01$231,9601,26850.5%
404 BUCKSHUTEM RD E2025-03$300,0001,58440.2%
305 COURT BLVD2026-01$286,0001,49948.0%
464 S 3RD ST2025-09$177,5001,30658.7%

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Estimates from public records — NJ MOD-IV assessments, SR1A usable sales, and Treasury/DCA rate tables. Your house has a history. Write the next chapter on Plotline →