The Fair Share Report

96 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

≈ $734,737

Likely range $636,410 – $1,061,917, 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 $734,737 home should be assessed near $722,614.

Step 3 · Assessed value

$765,200

Set at the last town-wide revaluation and mostly frozen since. That's $42,586 above what the ratio math suggests (5.9%).

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 $1.568 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$12,002/yr
Public schools$7,362
Monmouth County$1,450
Town of Middletown$3,190
Middletown average$11,743

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

Town median 98.7%
This home · 104.1%

67%126%

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
37 HUBBARD AVE2026-06$910,0002,16995.9%
8 SALISBURY AVE2025-01$720,0002,05298.5%
309 CHURCH ST2026-01$660,0002,116113.5%
18 MIDDLETOWN AVE2026-01$890,0001,84988.5%
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%
22 KINGS HWY2025-04$701,3212,06696.2%
483 LOCUST POINT RD2025-04$1,200,0001,86298.5%
185 MONMOUTH AVE2026-01$815,0002,389118.8%
149 NINTH ST2026-01$600,0002,038117.6%
398 CONOVER PL2026-01$815,0001,696101.8%

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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 →