The Fair Share Report

109 Beach Ave

Middle, NJ 08027

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

≈ $312,083

Likely range $213,855 – $430,365, 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 $312,083 home should be assessed near $200,014.

Step 3 · Assessed value

$278,800

Set at the last town-wide revaluation and mostly frozen since. That's $78,786 above what the ratio math suggests (39.4%).

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

$6,362/yr
Public schools$3,514
Cape May County$944
Town of Middle$1,904
Middle average$5,374

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

Town median 56.7%
This home · 89.3%

39%136%

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
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%
24 N 12TH ST2025-07$210,0001,315114.1%
5 LINDEN COVE2026-06$350,0001,11841.0%
308 HAND AVE2025-09$250,0001,07174.4%
12 LEHIGH AVE2025-04$255,0001,39470.3%
125 LEHIGH AVE2026-05$412,0001,14847.0%
22 COLONIAL AVE2025-10$383,0001,55058.0%
309 N 3RD ST2025-10$350,0001,47857.9%
805 STONE HARBOR BLVD2025-08$600,0001,30054.0%
6 LAFAYETTE AVE2025-07$230,0001,46267.0%

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 →