The Fair Share Report

18 Galloping Way

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

≈ $575,397

Likely range $489,566 – $659,160, 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 $575,397 home should be assessed near $368,772.

Step 3 · Assessed value

$332,400

Set at the last town-wide revaluation and mostly frozen since. That's $36,372 below what the ratio math suggests (9.9%).

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

$7,186/yr
Public schools$3,969
Cape May County$1,067
Town of Middle$2,150
Middle average$5,374

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

Town median 56.7%
This home · 57.8%

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
3 FAIRWAY DRIVE2026-04$650,0002,10851.9%
1607 TIDEWATER AVE2026-06$540,0002,14045.2%
2107 TIDEWATER AVE2025-08$536,5002,14045.3%
1804 TIDEWATER AVE2025-09$539,9002,14041.7%
905 PENNSYLVANIA AVE2026-05$415,0002,10754.7%
10 CANTERBURY WAY2026-05$656,0002,07665.7%
10 CANTERBURY WAY2025-06$610,0002,07670.6%
15 CANTERBURY WAY2025-04$685,0002,07663.5%
1007 AUGUSTA COURT2026-01$580,0002,01653.3%
3 WHIMBREL WAY2026-01$535,0002,08766.4%
3 WHIMBREL WAY2025-03$675,0002,08752.6%
407 SEACREST LANE2026-04$549,5002,14044.4%

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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 →