The Fair Share Report

175 Stagecoach Rd

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

≈ $508,340

Likely range $376,288 – $579,690, 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 $508,340 home should be assessed near $325,795.

Step 3 · Assessed value

$350,500

Set at the last town-wide revaluation and mostly frozen since. That's $24,705 above what the ratio math suggests (7.6%).

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

$7,578/yr
Public schools$4,186
Cape May County$1,125
Town of Middle$2,268
Middle average$5,374

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

Town median 56.7%
This home · 68.9%

39%99%

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
1 KIMBLE AVE2025-07$490,0002,03274.2%
51 ACORN LANE2025-04$405,0002,00057.0%
614 DIAS CREEK RD2025-12$582,5002,14550.1%
24 MARLYN DRIVE2026-04$375,0002,14774.6%
775 GOSHEN RD2025-01$430,0002,13574.5%
1007 AUGUSTA COURT2026-01$580,0002,01653.3%
905 PENNSYLVANIA AVE2026-05$415,0002,10754.7%
2 SAND DOLLAR DRIVE2026-02$482,0001,80052.9%
3 WHIMBREL WAY2026-01$535,0002,08766.4%
3 WHIMBREL WAY2025-03$675,0002,08752.6%
413 HAND AVE #16P2025-03$280,0001,62058.9%
9 HERRON COURT2025-08$652,0002,21054.4%

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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 →