The Fair Share Report

11 Romney Pl E

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

≈ $497,253

Likely range $453,921 – $622,699, from 12 comparable Middle sales in the past 18 months, at this home's 2,389 sq ft.

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 $497,253 home should be assessed near $318,689.

Step 3 · Assessed value

$339,900

Set at the last town-wide revaluation and mostly frozen since. That's $21,211 above what the ratio math suggests (6.7%).

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

$7,349/yr
Public schools$4,059
Cape May County$1,091
Town of Middle$2,199
Middle average$5,374

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

Town median 56.7%
This home · 68.4%

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)

AddressSoldPriceSq ftRatio
614 DIAS CREEK RD2025-12$582,5002,14550.1%
51 ACORN LANE2025-04$405,0002,00057.0%
116 DAVIS RD2025-02$365,0002,53675.7%
7 TIMBERLEA LANE2025-06$505,0002,38858.7%
302 RIDGE RD2025-05$450,0002,63458.1%
24 MARLYN DRIVE2026-04$375,0002,14774.6%
16 SAND CASTLE DRIVE2025-07$680,0002,56059.8%
1 KIMBLE AVE2025-07$490,0002,03274.2%
117 RUTLEDGE RD2025-10$482,5002,35565.2%
30 LOCHALSH LANE2026-06$575,0002,20647.2%
3 VICTORY DRIVE2025-06$455,0002,18662.1%
23 ACORN LANE2025-11$560,0002,36855.9%

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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 →