The Fair Share Report
116 Sumner St
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $279,254 – $384,357, 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 $286,377 home should be assessed near $183,539.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $62,239 below what the ratio math suggests (33.9%).
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
26%84%
Keep quiet and enjoy it
This home's assessment ratio sits below the Middle pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 7 BROOKS AVE | 2025-07 | $250,000 | 1,024 | 76.0% |
| 1 CYPRESS COURT | 2025-06 | $399,900 | 1,311 | 52.0% |
| 102 SCHOOLHOUSE LANE #2 | 2025-03 | $300,000 | 1,152 | 76.9% |
| 1134 GOLF CLUB RD | 2025-02 | $375,000 | 1,008 | 55.4% |
| 506 HAND AVE | 2026-01 | $340,000 | 1,416 | 57.2% |
| 5 LINDEN COVE | 2026-06 | $350,000 | 1,118 | 41.0% |
| 316 3RD AVE | 2025-01 | $264,000 | 1,104 | 64.5% |
| 81 INDIAN TRAIL | 2025-09 | $280,000 | 1,080 | 62.1% |
| 16 VIRGINIA AVE | 2025-06 | $150,000 | 1,091 | 128.3% |
| 42 W SHELLBAY AVE | 2025-02 | $250,000 | 1,032 | 98.8% |
| 24 N 12TH ST | 2025-07 | $210,000 | 1,315 | 114.1% |
| 51 REEDS BEACH RD | 2025-06 | $335,000 | 1,032 | 71.5% |
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