The Fair Share Report

200 Crest 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

≈ $233,721

Likely range $159,441 – $263,147, from 12 comparable Middle sales in the past 18 months, at this home's 720 sq ft.

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 $233,721 home should be assessed near $149,792.

Step 3 · Assessed value

$296,800

Set at the last town-wide revaluation and mostly frozen since. That's $147,008 above what the ratio math suggests (98.1%).

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

$6,417/yr
Public schools$3,544
Cape May County$952
Town of Middle$1,920
Middle average$5,374

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

Town median 56.7%
This home · 127.0%

39%192%

Looks meaningfully over-assessed

Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (73.70%) — roughly $3,061/yr at stake. NJ appeals are generally due April 1.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
26 RTE 47 N2025-12$240,00074860.6%
3010 RTE 9 S2026-04$307,50073241.9%
24 PAULA LANE2026-01$174,40078874.0%
301 ROOSEVELT BLVD2025-12$360,00079247.1%
3 BLUEBERRY LANE S2025-01$243,00081668.6%
10 SUSAN LANE2025-12$190,00085875.4%
205 AVOCADO RD2026-02$275,00081667.2%
124 BUCKNELL AVE2025-06$325,00092447.5%
121 BUCKNELL AVE2026-02$285,97594053.4%
227 RTE 47 S2025-12$217,0001,00883.9%
2210 RTE 9 S2025-12$295,00082056.7%
51 REEDS BEACH RD2025-06$335,0001,03271.5%

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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 →