The Fair Share Report

12 E Secluded Ln

Middle, NJ 08242

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

≈ $436,719

Likely range $370,405 – $518,846, 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 $436,719 home should be assessed near $279,893.

Step 3 · Assessed value

$353,800

Set at the last town-wide revaluation and mostly frozen since. That's $73,907 above what the ratio math suggests (26.4%).

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

$7,604/yr
Public schools$4,200
Cape May County$1,129
Town of Middle$2,275
Middle average$5,374

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

Town median 56.7%
This home · 81.0%

39%101%

A touch high — worth watching

This home's ratio sits above most of Middle, but doesn't clear NJ's legal appeal line (73.70%).

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
7 TIMBERLEA LANE2025-06$505,0002,38858.7%
300 CH SO DENNIS RD2026-01$412,5002,17167.0%
16 4TH AVE2025-10$200,0002,26897.8%
102 TEAL RD2025-09$570,0002,16157.0%
775 GOSHEN RD2025-01$430,0002,13574.5%
23 ACORN LANE2025-11$560,0002,36855.9%
1422 BURLEIGH AVE2025-01$365,0002,02678.7%
302 RIDGE RD2025-05$450,0002,63458.1%
11 ROMNEY PLACE EAST2025-01$539,0002,38963.1%
116 DAVIS RD2025-02$365,0002,53675.7%
51 ACORN LANE2025-04$405,0002,00057.0%
16 PARK AVE2026-01$350,0001,79258.9%

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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 →