The Fair Share Report
12 Conovers Ln
Middle, NJ 08050
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 $398,730 – $517,841, 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 $494,531 home should be assessed near $316,945.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $12,045 below what the ratio math suggests (3.8%).
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
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 19 LOMURNO LANE | 2026-01 | $500,000 | 1,725 | 50.9% |
| 10 CONOVERS LANE | 2025-08 | $529,900 | 1,626 | 55.2% |
| 18 PINE LANDING WAY | 2025-05 | $475,000 | 1,593 | 60.4% |
| 105 TIMOTHY LANE | 2025-01 | $470,000 | 1,580 | 51.3% |
| 604 RTE 9 N #D | 2026-04 | $470,000 | 1,728 | 50.7% |
| 1 KIMBLE AVE | 2025-07 | $490,000 | 2,032 | 74.2% |
| 5 TIMBER LANE | 2026-01 | $535,000 | 1,864 | 54.0% |
| 3 LACIVITA DRIVE | 2025-03 | $460,000 | 2,050 | 66.0% |
| 5 BENCHE COURT | 2025-09 | $399,999 | 2,074 | 70.9% |
| 620 W MAIN ST | 2026-04 | $425,000 | 1,508 | 52.5% |
| 2 SAND DOLLAR DRIVE | 2026-02 | $482,000 | 1,800 | 52.9% |
| 51 ACORN LANE | 2025-04 | $405,000 | 2,000 | 57.0% |
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