The Fair Share Report

2 Springers Mill 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

≈ $409,786

Likely range $344,230 – $472,906, 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 $409,786 home should be assessed near $262,632.

Step 3 · Assessed value

$260,000

Set at the last town-wide revaluation and mostly frozen since. That's $2,632 below what the ratio math suggests (1.0%).

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%

This home's own bill implies $1.970 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$5,121/yr
Public schools$2,829
Cape May County$760
Town of Middle$1,532
Middle average$5,374

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

Town median 56.7%
This home · 63.4%

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
9 GOSHEN RD2025-10$430,0001,63861.4%
309 N 3RD ST2025-10$350,0001,47857.9%
22 COLONIAL AVE2025-10$383,0001,55058.0%
12 LEHIGH AVE2025-04$255,0001,39470.3%
604 RTE 9 N #D2026-04$470,0001,72850.7%
1127 STONE HARBOR BLVDB232026-01$1,499,0001,46942.7%
1127 STONE HARBOR BLVDB232025-09$1,250,0001,46951.2%
102 TEAL RD2025-09$570,0002,16157.0%
140 SWAINTON GOSHEN RD2025-08$260,0001,15470.0%
5 LINDEN COVE2026-06$350,0001,11841.0%
20 WYNNDEMERE COURT2026-06$505,0001,51545.5%
189 STAGECOACH RD2025-06$360,0001,70265.9%

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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 →