The Fair Share Report

15 Eagles Way

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

≈ $1,938,726

Likely range $1,568,784 – $2,811,555, from 10 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 $1,938,726 home should be assessed near $1,242,529.

Step 3 · Assessed value

$1,241,800

Set at the last town-wide revaluation and mostly frozen since. That's $729 below what the ratio math suggests (0.1%).

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

$26,848/yr
Public schools$14,829
Cape May County$3,985
Town of Middle$8,034
Middle average$5,374

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

Town median 56.7%
This home · 64.1%

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
17 EAGLES WAY2026-01$1,595,0004,18948.6%
5 REAGANS RUN2025-02$1,100,0004,00751.1%
101 DELAWARE AVE2025-05$3,050,0004,86743.0%
9 HAWKS LANDING2025-05$920,0003,88651.6%
18 EAGLES WAY2025-08$1,355,0003,71158.2%
205 RTE 47 N2025-08$1,400,0006,01472.5%
17 HOLLY KNOLL DRIVE2025-02$725,0003,23262.5%
44 DORY DRIVE #B2025-03$550,0003,19580.6%
27 SAND CASTLE DRIVE2025-07$1,070,0004,01961.3%
108 N 6TH AVE2026-03$599,0003,32262.0%

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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 →