The Fair Share Report

10 E Main St

Middle, NJ 08210

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

≈ $394,104

Likely range $324,237 – $441,929, 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 $394,104 home should be assessed near $252,581.

Step 3 · Assessed value

$139,000

Set at the last town-wide revaluation and mostly frozen since. That's $113,581 below what the ratio math suggests (45.0%).

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

$3,086/yr
Public schools$1,704
Cape May County$458
Town of Middle$923
Middle average$5,374

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

Town median 56.7%
This home · 35.3%

26%84%

Keep quiet and enjoy it

This home's assessment ratio sits below the Middle pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
90 WYNNDEMERE COURT2025-11$449,0001,33847.9%
88 WYNNDEMERE COURT2025-06$434,9001,31950.6%
102 SCHOOLHOUSE LANE #22025-03$300,0001,15276.9%
1 CYPRESS COURT2025-06$399,9001,31152.0%
40 WYNNDEMERE COURT2026-05$415,0001,43354.0%
5 VICTORY DRIVE2026-01$400,0001,35858.6%
102 PINE AVE2025-05$478,0001,34453.0%
1100 MILLMAN BLVD2025-02$455,0001,44447.8%
34 WYNNDEMERE COURT2025-03$415,0001,50156.6%
24 N 12TH ST2025-07$210,0001,315114.1%
8 N 9TH ST2025-01$405,0001,12547.1%
57 WYNNDEMERE COURT2025-10$440,0001,11446.6%

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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 →