The Fair Share Report
92 Conover Pl
Middlesex, NJ 08846
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 $261,818 – $402,883, from 12 comparable Middlesex sales in the past 18 months, at this home's 832 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Middlesex assessments sit below market value — republished every October, applied town-wide. A $358,222 home should be assessed near $349,338.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $94,662 above what the ratio math suggests (27.1%).
Step 4 · The tax rate — same for every Middlesex home
$1.137 Schools · 54% $0.340 County · 16% $0.643 Town · 30%
Step 5 · The bill
This home vs. every recent Middlesex sale · assessed ÷ market
77%175%
Looks meaningfully over-assessed
Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (100.00%) — roughly $2,006/yr at stake. NJ appeals are generally due April 1.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 289 LINCOLN BLVD | 2025-06 | $430,000 | 888 | 96.5% |
| 234 OAK DR | 2025-02 | $405,000 | 928 | 108.6% |
| 47B GRAMERCY GARDENS | 2026-03 | $211,500 | 900 | 99.5% |
| 48B GRAMERCY GARDENS | 2025-04 | $196,000 | 900 | 107.3% |
| 47B GRAMERCY GARDENS | 2025-01 | $185,000 | 900 | 113.7% |
| 17 FISHER AVE | 2025-01 | $450,000 | 888 | 95.7% |
| 130 THIRD ST | 2025-01 | $505,000 | 960 | 86.3% |
| 119 SECOND ST | 2026-03 | $370,000 | 960 | 100.5% |
| 230 OAK DR | 2025-03 | $360,000 | 1,144 | 116.3% |
| 214 VESPER AVE | 2026-05 | $520,000 | 1,092 | 87.4% |
| 169 MISTY LN | 2025-04 | $300,000 | 900 | 123.2% |
| 14 NEW ST | 2026-04 | $550,000 | 1,080 | 88.2% |
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