The Fair Share Report
174 Lee Ln
Middle, NJ 08056
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $368,615 – $443,167, from 12 comparable Middle sales in the past 18 months (home size estimated from assessor data — range widened).
Step 2 · The Director's Ratio
The state's official measure of how far Middle assessments sit below market value — republished every October, applied town-wide. A $401,410 home should be assessed near $257,264.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $71,764 below what the ratio math suggests (27.9%).
Step 4 · The tax rate — same for every Middle home
$1.150 Schools · 55% $0.309 County · 15% $0.623 Town · 30%
Step 5 · The bill
This home vs. every recent Middle sale · assessed ÷ market
36%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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 161 LEE LANE | 2025-05 | $372,000 | 1,404 | 49.6% |
| 20 WYNNDEMERE COURT | 2026-06 | $505,000 | 1,515 | 45.5% |
| 600 VICK ST | 2026-02 | $445,000 | 1,504 | 51.7% |
| 147 LEE LANE | 2025-12 | $290,000 | 1,160 | 54.9% |
| 162 LEE LANE | 2025-05 | $300,000 | 1,088 | 51.2% |
| 2 SAND DOLLAR DRIVE | 2026-02 | $482,000 | 1,800 | 52.9% |
| 1007 AUGUSTA COURT | 2026-01 | $580,000 | 2,016 | 53.3% |
| 1 KIMBLE AVE | 2025-07 | $490,000 | 2,032 | 74.2% |
| 22 COLONIAL AVE | 2025-10 | $383,000 | 1,550 | 58.0% |
| 24 MARLYN DRIVE | 2026-04 | $375,000 | 2,147 | 74.6% |
| 57 WYNNDEMERE COURT | 2025-10 | $440,000 | 1,114 | 46.6% |
| 309 N 3RD ST | 2025-10 | $350,000 | 1,478 | 57.9% |
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