The Fair Share Report

2 Timber Ln

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

≈ $456,058

Likely range $427,982 – $476,140, 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 $456,058 home should be assessed near $292,288.

Step 3 · Assessed value

$243,700

Set at the last town-wide revaluation and mostly frozen since. That's $48,588 below what the ratio math suggests (16.6%).

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

$5,269/yr
Public schools$2,910
Cape May County$782
Town of Middle$1,577
Middle average$5,374

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

Town median 56.7%
This home · 53.4%

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
20 WYNNDEMERE COURT2026-06$505,0001,51545.5%
105 ELDREDGE AVE2025-11$460,0001,68050.3%
5 VICTORY DRIVE2026-01$400,0001,35858.6%
410 N 7TH ST #A2025-10$380,0001,65659.1%
38 CYNWYD DRIVE2025-05$565,0001,89059.0%
6 EASY ST2026-03$440,0001,46251.5%
19 CANTERBURY WAY2025-09$617,5001,56463.4%
1 WYNNDEMERE COURT2026-06$470,0001,61147.5%
600 VICK ST2026-02$445,0001,50451.7%
2 SAND DOLLAR DRIVE2026-02$482,0001,80052.9%
24 S 5TH ST2025-01$450,0001,63247.6%
34 WYNNDEMERE COURT2025-03$415,0001,50156.6%

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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 →