The Fair Share Report

201 Pershing Ave

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

≈ $383,272

Likely range $260,679 – $540,053, 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 $383,272 home should be assessed near $245,639.

Step 3 · Assessed value

$209,600

Set at the last town-wide revaluation and mostly frozen since. That's $36,039 below what the ratio math suggests (14.7%).

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

$4,532/yr
Public schools$2,503
Cape May County$673
Town of Middle$1,356
Middle average$5,374

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

Town median 56.7%
This home · 54.7%

33%86%

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
12 LEHIGH AVE2025-04$255,0001,39470.3%
6 LAFAYETTE AVE2025-07$230,0001,46267.0%
22 COLONIAL AVE2025-10$383,0001,55058.0%
309 N 3RD ST2025-10$350,0001,47857.9%
8 GENEVA AVE2026-04$540,0001,53058.1%
203 VERMONT AVE2025-06$365,0001,32859.5%
19 MIMOSA DRIVE2025-02$299,9001,55264.8%
220 HAND AVE2026-02$645,0001,83737.6%
805 STONE HARBOR BLVD2025-08$600,0001,30054.0%
9 GOSHEN RD2025-10$430,0001,63861.4%
9 BUCKNELL AVE2025-10$515,0001,42850.5%
7 CORSON ST2025-06$362,0001,58855.1%

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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 →