The Fair Share Report
104 Eldredge Ave
Middle, NJ 08251
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $524,708 – $723,441, from 12 comparable Middle sales in the past 18 months, at this home's 2,664 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Middle assessments sit below market value — republished every October, applied town-wide. A $601,045 home should be assessed near $385,210.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $60,410 below what the ratio math suggests (15.7%).
Step 4 · The tax rate — same for every Middle home
$1.150 Schools · 55% $0.309 County · 15% $0.623 Town · 30%
Step 5 · The bill
This home vs. every recent Middle sale · assessed ÷ market
39%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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 2 S 15TH ST | 2025-05 | $540,000 | 2,604 | 54.6% |
| 16 SAND CASTLE DRIVE | 2025-07 | $680,000 | 2,560 | 59.8% |
| 20 LOCHALSH LANE | 2025-07 | $555,000 | 2,868 | 52.5% |
| 448 AVALON BLVD | 2026-05 | $1,425,000 | 2,534 | 49.0% |
| 25 SEABREEZE LANE | 2026-01 | $1,587,500 | 3,034 | 39.0% |
| 117 RUTLEDGE RD | 2025-10 | $482,500 | 2,355 | 65.2% |
| 30 LOCHALSH LANE | 2026-06 | $575,000 | 2,206 | 47.2% |
| 108 N 6TH AVE | 2026-03 | $599,000 | 3,322 | 62.0% |
| 905 PENNSYLVANIA AVE | 2026-05 | $415,000 | 2,107 | 54.7% |
| 24 MARLYN DRIVE | 2026-04 | $375,000 | 2,147 | 74.6% |
| 302 RIDGE RD | 2025-05 | $450,000 | 2,634 | 58.1% |
| 614 DIAS CREEK RD | 2025-12 | $582,500 | 2,145 | 50.1% |
Is this your house?
Run your own report →