The Fair Share Report

12 Easy 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

≈ $457,441

Likely range $332,621 – $505,471, 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 $457,441 home should be assessed near $293,174.

Step 3 · Assessed value

$263,300

Set at the last town-wide revaluation and mostly frozen since. That's $29,874 below what the ratio math suggests (10.2%).

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

$5,693/yr
Public schools$3,144
Cape May County$845
Town of Middle$1,703
Middle average$5,374

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

Town median 56.7%
This home · 57.6%

39%85%

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
25 ACORN LANE2025-07$452,5001,79256.5%
416 GOSHEN RD2026-02$420,0001,40856.6%
16 S 9TH ST2025-02$461,0001,68453.3%
1704 JACKSON ST2025-07$285,0001,78887.8%
38 CYNWYD DRIVE2025-05$565,0001,89059.0%
6 EASY ST2026-03$440,0001,46251.5%
51 ACORN LANE2025-04$405,0002,00057.0%
105 ELDREDGE AVE2025-11$460,0001,68050.3%
9 GOSHEN RD2025-10$430,0001,63861.4%
1422 BURLEIGH AVE2025-01$365,0002,02678.7%
19 LOMURNO LANE2026-01$500,0001,72550.9%
105 TIMOTHY LANE2025-01$470,0001,58051.3%

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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 →