The Fair Share Report

106 E Wiley St

Middle, NJ 08252

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

≈ $313,802

Likely range $220,863 – $390,684, 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 $313,802 home should be assessed near $201,116.

Step 3 · Assessed value

$124,500

Set at the last town-wide revaluation and mostly frozen since. That's $76,616 below what the ratio math suggests (38.1%).

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

$2,764/yr
Public schools$1,527
Cape May County$410
Town of Middle$827
Middle average$5,374

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

Town median 56.7%
This home · 39.7%

26%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
81 INDIAN TRAIL2025-09$280,0001,08062.1%
16 VIRGINIA AVE2025-06$150,0001,091128.3%
102 SCHOOLHOUSE LANE #22025-03$300,0001,15276.9%
1 CYPRESS COURT2025-06$399,9001,31152.0%
24 N 12TH ST2025-07$210,0001,315114.1%
7 BROOKS AVE2025-07$250,0001,02476.0%
1134 GOLF CLUB RD2025-02$375,0001,00855.4%
5 LINDEN COVE2026-06$350,0001,11841.0%
125 LEHIGH AVE2026-05$412,0001,14847.0%
15 N 11TH ST2026-05$410,0001,26451.0%
203 VERMONT AVE2025-06$365,0001,32859.5%
204 HIRST AVE2026-03$220,0001,11874.4%

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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 →