The Fair Share Report
809 Cherry 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $241,651 – $302,812, from 12 comparable Millville sales in the past 18 months (home size estimated from assessor data — range widened).
Step 2 · The Director's Ratio
The state's official measure of how far Millville assessments sit below market value — republished every October, applied town-wide. A $271,520 home should be assessed near $155,961.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $53,861 below what the ratio math suggests (34.5%).
Step 4 · The tax rate — same for every Millville home
$1.141 Schools · 28% $1.494 County · 37% $1.418 Town · 35%
Step 5 · The bill
This home vs. every recent Millville sale · assessed ÷ market
28%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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 464 S 3RD ST | 2025-09 | $177,500 | 1,306 | 58.7% |
| 379 PEEK AVE | 2025-04 | $289,000 | 1,318 | 38.0% |
| 601 N 9TH ST | 2025-01 | $231,960 | 1,268 | 50.5% |
| 800 PLEASANT DR | 2025-03 | $247,500 | 1,296 | 46.0% |
| 911 N 10TH ST | 2025-07 | $265,500 | 1,323 | 42.5% |
| 2132 WHEATON AVE | 2025-06 | $280,000 | 1,264 | 43.8% |
| 2405 SHELBURN RD | 2025-01 | $280,000 | 1,264 | 47.7% |
| 1906 E MAIN ST | 2025-11 | $249,900 | 1,267 | 48.0% |
| 801 N 10TH ST | 2025-05 | $185,000 | 1,179 | 66.7% |
| 13 CAROL DR | 2025-12 | $270,000 | 1,302 | 45.2% |
| 17 HILLSIDE AVE | 2025-10 | $300,000 | 1,380 | 39.7% |
| 405 GLENSIDE RD | 2025-12 | $365,000 | 1,488 | 41.1% |
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