The Fair Share Report

83 Compton St

Middletown, NJ 07718

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

≈ $920,414

Likely range $824,661 – $1,236,301, from 12 comparable Middletown sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

98.35%

The state's official measure of how far Middletown assessments sit below market value — republished every October, applied town-wide. A $920,414 home should be assessed near $905,227.

Step 3 · Assessed value

$939,500

Set at the last town-wide revaluation and mostly frozen since. That's $34,273 above what the ratio math suggests (3.8%).

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

$1.614 per $100 assessed

$0.990 Schools · 61% $0.195 County · 12% $0.429 Town · 27%

This home's own bill implies $1.573 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$14,778/yr
Public schools$9,064
Monmouth County$1,785
Town of Middletown$3,928
Middletown average$11,743

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

Town median 98.7%
This home · 102.1%

71%119%

Paying about right

This home's ratio lands inside Middletown'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
62 SWARTZEL DR2026-02$749,0002,59396.4%
267 COOPER RD2025-05$999,9993,03897.8%
185 MONMOUTH AVE2026-01$815,0002,389118.8%
18 BLOSSOM COVE RD2026-06$2,800,0003,06464.1%
920 NAVESINK RIVER RD2025-05$2,410,0002,39298.0%
932 NAVESINK RIVER RD2026-06$2,400,0002,26475.7%
143 TINDALL RD2026-01$701,0002,24992.3%
36 ONEIDA AVE2025-05$825,0002,362107.4%
98 SEABREEZE AVE2026-01$550,0002,444100.0%
309 CHURCH ST2026-01$660,0002,116113.5%
74 LAKE SHORE DR2025-05$900,0002,552107.0%
22 KINGS HWY2025-04$701,3212,06696.2%

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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 →