The Fair Share Report

825 Second 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

≈ $460,150

Likely range $364,802 – $531,166, 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 $460,150 home should be assessed near $446,438.

Step 3 · Assessed value

$478,000

Set at the last town-wide revaluation and mostly frozen since. That's $31,562 above what the ratio math suggests (7.1%).

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%

This home's own bill implies $2.147 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$10,264/yr
Public schools$5,916
Middlesex County$1,480
Town of Dunellen$2,868
Dunellen average$11,299

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

Town median 98.9%
This home · 103.9%

76%136%

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
1790 WEST 4TH ST2025-04$360,0001,479123.9%
211 SO WASHINGTON AVE2025-01$340,0001,328145.6%
325 ORANGE ST2025-03$349,7601,666117.5%
128 FIRST ST2026-02$440,0001,46399.8%
405 MADISON AVE2026-02$510,0001,63297.1%
401 SANFORD AVE2025-03$405,0001,632118.5%
310 SANFORD AVE2026-03$455,0001,272101.8%
220 FIRST ST2026-04$516,0001,51879.9%
250 WALNUT ST2025-01$450,0001,28498.9%
241 ORANGE ST2026-05$555,0001,87281.0%
622 NO WASHINGTON AVE2025-04$429,0001,28997.9%
426 DUNELLEN AVE2025-02$439,0001,376100.2%

Is this your house?

Run your own report →

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 →