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.

Step 1 · Market value

≈ $358,222

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

97.52%

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

$444,000

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

$2.119 per $100 assessed

$1.137 Schools · 54% $0.340 County · 16% $0.643 Town · 30%

Step 5 · The bill

$9,413/yr
Public schools$5,048
Middlesex County$1,510
Town of Middlesex$2,855
Middlesex average$10,237

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

Town median 97.6%
This home · 123.9%

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)

AddressSoldPriceSq ftRatio
289 LINCOLN BLVD2025-06$430,00088896.5%
234 OAK DR2025-02$405,000928108.6%
47B GRAMERCY GARDENS2026-03$211,50090099.5%
48B GRAMERCY GARDENS2025-04$196,000900107.3%
47B GRAMERCY GARDENS2025-01$185,000900113.7%
17 FISHER AVE2025-01$450,00088895.7%
130 THIRD ST2025-01$505,00096086.3%
119 SECOND ST2026-03$370,000960100.5%
230 OAK DR2025-03$360,0001,144116.3%
214 VESPER AVE2026-05$520,0001,09287.4%
169 MISTY LN2025-04$300,000900123.2%
14 NEW ST2026-04$550,0001,08088.2%

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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 →