The Fair Share Report

16 E Secluded Ln

Middle, NJ 08242

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

≈ $415,910

Likely range $321,630 – $488,112, 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 $415,910 home should be assessed near $266,557.

Step 3 · Assessed value

$248,500

Set at the last town-wide revaluation and mostly frozen since. That's $18,057 below what the ratio math suggests (6.8%).

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

$5,517/yr
Public schools$3,047
Cape May County$819
Town of Middle$1,651
Middle average$5,374

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

Town median 56.7%
This home · 59.7%

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
6 EASY ST2026-03$440,0001,46251.5%
25 ACORN LANE2025-07$452,5001,79256.5%
416 GOSHEN RD2026-02$420,0001,40856.6%
9 GOSHEN RD2025-10$430,0001,63861.4%
1704 JACKSON ST2025-07$285,0001,78887.8%
29 ELDREDGE AVE2026-04$515,0001,50745.8%
1407 FULTON ST2025-02$350,0001,53666.8%
706 BENNETT RD2026-02$350,0001,65060.7%
506 HAND AVE2026-01$340,0001,41657.2%
16 S 9TH ST2025-02$461,0001,68453.3%
1422 BURLEIGH AVE2025-01$365,0002,02678.7%
51 ACORN LANE2025-04$405,0002,00057.0%

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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 →