The Fair Share Report

16 Centennial Dr

Middle, NJ 08003

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

≈ $451,912

Likely range $423,259 – $469,209, 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 $451,912 home should be assessed near $289,630.

Step 3 · Assessed value

$236,400

Set at the last town-wide revaluation and mostly frozen since. That's $53,230 below what the ratio math suggests (18.4%).

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

$5,248/yr
Public schools$2,899
Cape May County$779
Town of Middle$1,570
Middle average$5,374

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

Town median 56.7%
This home · 52.3%

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
20 WYNNDEMERE COURT2026-06$505,0001,51545.5%
5 VICTORY DRIVE2026-01$400,0001,35858.6%
410 N 7TH ST #A2025-10$380,0001,65659.1%
105 ELDREDGE AVE2025-11$460,0001,68050.3%
1 WYNNDEMERE COURT2026-06$470,0001,61147.5%
600 VICK ST2026-02$445,0001,50451.7%
34 WYNNDEMERE COURT2025-03$415,0001,50156.6%
6 EASY ST2026-03$440,0001,46251.5%
19 CANTERBURY WAY2025-09$617,5001,56463.4%
38 CYNWYD DRIVE2025-05$565,0001,89059.0%
10 N 7TH ST2025-02$480,0001,66449.0%
12 S 2ND AVE2025-05$350,0001,24852.9%

Is this your house?

Run your own report →

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 →