The Fair Share Report

1007 Bayview Rd

Middle, NJ 08242

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

≈ $396,213

Likely range $324,013 – $424,114, 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 $396,213 home should be assessed near $253,933.

Step 3 · Assessed value

$162,000

Set at the last town-wide revaluation and mostly frozen since. That's $91,933 below what the ratio math suggests (36.2%).

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

$3,596/yr
Public schools$1,986
Cape May County$534
Town of Middle$1,076
Middle average$5,374

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

Town median 56.7%
This home · 40.9%

33%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
6 EASY ST2026-03$440,0001,46251.5%
416 GOSHEN RD2026-02$420,0001,40856.6%
506 HAND AVE2026-01$340,0001,41657.2%
1 CYPRESS COURT2025-06$399,9001,31152.0%
316 3RD AVE2025-01$264,0001,10464.5%
5 VICTORY DRIVE2026-01$400,0001,35858.6%
29 ELDREDGE AVE2026-04$515,0001,50745.8%
102 SCHOOLHOUSE LANE #22025-03$300,0001,15276.9%
29 LOCUST LANE2026-04$380,0001,33662.8%
6 WAYNE AVE2025-10$290,0001,20068.1%
25 ACORN LANE2025-07$452,5001,79256.5%
13 WILLIAMS ST #22025-03$374,4501,32648.7%

Is this your house?

Run your own report →

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 →