The Fair Share Report

12 E Main 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

≈ $428,054

Likely range $412,935 – $488,993, from 12 comparable Middle sales in the past 18 months (home size estimated from assessor data — range widened).

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 $428,054 home should be assessed near $274,340.

Step 3 · Assessed value

$165,600

Set at the last town-wide revaluation and mostly frozen since. That's $108,740 below what the ratio math suggests (39.6%).

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

$3,676/yr
Public schools$2,031
Cape May County$546
Town of Middle$1,100
Middle average$5,374

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

Town median 56.7%
This home · 38.7%

28%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)

AddressSoldPriceSq ftRatio
20 WYNNDEMERE COURT2026-06$505,0001,51545.5%
5 VICTORY DRIVE2026-01$400,0001,35858.6%
13 WILLIAMS ST #22025-03$374,4501,32648.7%
600 VICK ST2026-02$445,0001,50451.7%
12 S 2ND AVE2025-05$350,0001,24852.9%
6 EASY ST2026-03$440,0001,46251.5%
19 CANTERBURY WAY2025-09$617,5001,56463.4%
416 GOSHEN RD2026-02$420,0001,40856.6%
90 WYNNDEMERE COURT2025-11$449,0001,33847.9%
410 N 7TH ST #A2025-10$380,0001,65659.1%
57 WYNNDEMERE COURT2025-10$440,0001,11446.6%
40 WYNNDEMERE COURT2026-05$415,0001,43354.0%

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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 →