The Fair Share Report

809 Front St

Dunellen, NJ 08812

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

≈ $386,522

Likely range $297,699 – $452,233, from 12 comparable Dunellen sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

97.02%

The state's official measure of how far Dunellen assessments sit below market value — republished every October, applied town-wide. A $386,522 home should be assessed near $375,004.

Step 3 · Assessed value

$354,600

Set at the last town-wide revaluation and mostly frozen since. That's $20,404 below what the ratio math suggests (5.4%).

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

$2.448 per $100 assessed

$1.411 Schools · 58% $0.353 County · 14% $0.684 Town · 28%

Step 5 · The bill

$8,681/yr
Public schools$5,003
Middlesex County$1,252
Town of Dunellen$2,425
Dunellen average$11,299

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

Town median 98.9%
This home · 91.7%

73%125%

Paying about right

This home's ratio lands inside Dunellen'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
51 KLINE PL2025-01$470,0001,08098.9%
364 S MADISON AVE2026-03$400,000920104.7%
400 WHITTIER AVE2026-02$512,0001,00098.5%
418 JACKSON AVE2025-01$470,00089698.9%
641 NORTH AVE2025-01$370,000988100.0%
733 THIRD ST2026-05$475,0001,11296.6%
400 NORTH AVE UNIT 132025-04$206,500870109.0%
219 GERTRUDE TERR2026-04$350,000704106.2%
500 SECOND ST2026-05$442,0001,368108.5%
210 SECOND ST2026-02$570,0001,04086.0%
539 MOUNTAINVIEW TERR2026-02$500,0001,11196.7%
117 PEARL PL2025-02$547,0001,45897.8%

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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 →