The Fair Share Report

13 Leonards Ln

Middle, NJ 08083

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

≈ $262,245

Likely range $175,758 – $333,074, 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 $262,245 home should be assessed near $168,073.

Step 3 · Assessed value

$54,500

Set at the last town-wide revaluation and mostly frozen since. That's $113,573 below what the ratio math suggests (67.6%).

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

$1,178/yr
Public schools$651
Cape May County$175
Town of Middle$353
Middle average$5,374

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

Town median 56.7%
This home · 20.8%

11%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
101 ROOSEVELT BLVD2025-04$170,000816125.4%
3 BLUEBERRY LANE S2025-01$243,00081668.6%
124 BUCKNELL AVE2025-06$325,00092447.5%
31 W BOARDWALK GS2025-05$325,0001,00575.4%
227 RTE 47 S2025-12$217,0001,00883.9%
1134 GOLF CLUB RD2025-02$375,0001,00855.4%
10 SUSAN LANE2025-12$190,00085875.4%
3010 RTE 9 S2026-04$307,50073241.9%
24 PAULA LANE2026-01$174,40078874.0%
7 BROOKS AVE2025-07$250,0001,02476.0%
301 ROOSEVELT BLVD2025-12$360,00079247.1%
11 COLGATE ST2025-01$549,0001,05635.3%

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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 →