The Fair Share Report

10 E Atlantic Ave

Middle, NJ 08247

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

≈ $289,879

Likely range $191,187 – $341,193, from 12 comparable Middle sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

64.09%

The state's official measure of how far Middle assessments sit below market value — republished every October, applied town-wide. A $289,879 home should be assessed near $185,783.

Step 3 · Assessed value

$99,600

Set at the last town-wide revaluation and mostly frozen since. That's $86,183 below what the ratio math suggests (46.4%).

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

$2.082 per $100 assessed

$1.150 Schools · 55% $0.309 County · 15% $0.623 Town · 30%

Step 5 · The bill

$2,153/yr
Public schools$1,189
Cape May County$320
Town of Middle$644
Middle average$5,374

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

Town median 56.7%
This home · 34.4%

24%84%

Paying about right

This home's ratio lands inside Middle'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
227 RTE 47 S2025-12$217,0001,00883.9%
10 SUSAN LANE2025-12$190,00085875.4%
308 HAND AVE2025-09$250,0001,07174.4%
121 BUCKNELL AVE2026-02$285,97594053.4%
51 REEDS BEACH RD2025-06$335,0001,03271.5%
3010 RTE 9 S2026-04$307,50073241.9%
102 INDIAN TRAIL2025-06$340,00088059.3%
205 AVOCADO RD2026-02$275,00081667.2%
301 ROOSEVELT BLVD2025-12$360,00079247.1%
2210 RTE 9 S2025-12$295,00082056.7%
124 BUCKNELL AVE2025-06$325,00092447.5%
5 LINDEN COVE2026-06$350,0001,11841.0%

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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 →