The Fair Share Report

1505 Devane 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

≈ $588,033

Likely range $565,166 – $657,437, 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 $588,033 home should be assessed near $376,870.

Step 3 · Assessed value

$371,500

Set at the last town-wide revaluation and mostly frozen since. That's $5,370 below what the ratio math suggests (1.4%).

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

$8,228/yr
Public schools$4,545
Cape May County$1,221
Town of Middle$2,462
Middle average$5,374

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

Town median 56.7%
This home · 63.2%

39%84%

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
1106 ST ANDREWS DRIVE2025-06$610,0002,25854.4%
908 ST ANDREWS DRIVE2026-05$635,0002,25852.3%
9 HERRON COURT2025-08$652,0002,21054.4%
30 LOCHALSH LANE2026-06$575,0002,20647.2%
202 OSPREY DRIVE2025-09$690,9002,40555.0%
3 VICTORY DRIVE2025-06$455,0002,18662.1%
117 RUTLEDGE RD2025-10$482,5002,35565.2%
407 SEACREST LANE2026-04$549,5002,14044.4%
3 WHIMBREL WAY2026-01$535,0002,08766.4%
3 WHIMBREL WAY2025-03$675,0002,08752.6%
106 BAY BREEZE BLVD2025-11$635,0002,22057.1%
1804 TIDEWATER AVE2025-09$539,9002,14041.7%

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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 →