The Fair Share Report
116 Beach Ave
Middle, NJ 08062
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 $232,235 – $431,699, from 12 comparable Middle sales in the past 18 months (home size estimated from assessor data — range widened).
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 $314,977 home should be assessed near $201,869.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $17,769 below what the ratio math suggests (8.8%).
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
37%85%
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 |
|---|---|---|---|---|
| 5 LINDEN COVE | 2026-06 | $350,000 | 1,118 | 41.0% |
| 308 HAND AVE | 2025-09 | $250,000 | 1,071 | 74.4% |
| 125 LEHIGH AVE | 2026-05 | $412,000 | 1,148 | 47.0% |
| 204 HIRST AVE | 2026-03 | $220,000 | 1,118 | 74.4% |
| 805 STONE HARBOR BLVD | 2025-08 | $600,000 | 1,300 | 54.0% |
| 227 RTE 47 S | 2025-12 | $217,000 | 1,008 | 83.9% |
| 203 VERMONT AVE | 2025-06 | $365,000 | 1,328 | 59.5% |
| 15 N 11TH ST | 2026-05 | $410,000 | 1,264 | 51.0% |
| 16 VIRGINIA AVE | 2025-06 | $150,000 | 1,091 | 128.3% |
| 7 BROOKS AVE | 2025-07 | $250,000 | 1,024 | 76.0% |
| 12 LEHIGH AVE | 2025-04 | $255,000 | 1,394 | 70.3% |
| 124 BUCKNELL AVE | 2025-06 | $325,000 | 924 | 47.5% |
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