The Fair Share Report

118 E Wiley 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.

Step 1 · Market value

≈ $480,810

Likely range $423,445 – $565,879, from 12 comparable Middle sales in the past 18 months, at this home's 1,756 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 $480,810 home should be assessed near $308,151.

Step 3 · Assessed value

$220,800

Set at the last town-wide revaluation and mostly frozen since. That's $87,351 below what the ratio math suggests (28.3%).

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

$4,902/yr
Public schools$2,708
Cape May County$727
Town of Middle$1,467
Middle average$5,374

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

Town median 56.7%
This home · 45.9%

34%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
2 SAND DOLLAR DRIVE2026-02$482,0001,80052.9%
20 WYNNDEMERE COURT2026-06$505,0001,51545.5%
38 CYNWYD DRIVE2025-05$565,0001,89059.0%
25 ACORN LANE2025-07$452,5001,79256.5%
19 CANTERBURY WAY2025-09$617,5001,56463.4%
15 CANTERBURY WAY2025-04$685,0002,07663.5%
1 KIMBLE AVE2025-07$490,0002,03274.2%
27 CANTERBURY WAY2025-06$669,0002,07666.0%
13 WILLIAMS ST #22025-03$374,4501,32648.7%
24 MARLYN DRIVE2026-04$375,0002,14774.6%
410 N 7TH ST #A2025-10$380,0001,65659.1%
1704 JACKSON ST2025-07$285,0001,78887.8%

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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 →