The Fair Share Report
2 Pine Ridge 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.
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Step 1 · Market value
Likely range $432,884 – $752,423, 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 $481,818 home should be assessed near $308,797.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $65,397 below what the ratio math suggests (21.2%).
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
27%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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 620 W MAIN ST | 2026-04 | $425,000 | 1,508 | 52.5% |
| 20 WYNNDEMERE COURT | 2026-06 | $505,000 | 1,515 | 45.5% |
| 1127 STONE HARBOR BLVDB23 | 2026-01 | $1,499,000 | 1,469 | 42.7% |
| 1127 STONE HARBOR BLVDB23 | 2025-09 | $1,250,000 | 1,469 | 51.2% |
| 18 PINE LANDING WAY | 2025-05 | $475,000 | 1,593 | 60.4% |
| 1444 BURLEIGH AVE | 2025-04 | $445,000 | 1,404 | 48.7% |
| 133 SWAINTON GOSHEN RD | 2026-06 | $349,000 | 1,232 | 67.9% |
| 600 VICK ST | 2026-02 | $445,000 | 1,504 | 51.7% |
| 4 LACIVITA DRIVE | 2025-04 | $460,000 | 1,232 | 55.9% |
| 10 CONOVERS LANE | 2025-08 | $529,900 | 1,626 | 55.2% |
| 8 MEADOWS EDGE DRIVE | 2026-04 | $401,999 | 1,299 | 61.4% |
| 10 BROOK RIDGE RD | 2025-01 | $745,000 | 1,568 | 54.1% |
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