The Fair Share Report

202 E Pacific 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

≈ $406,620

Likely range $352,246 – $468,581, 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 $406,620 home should be assessed near $260,603.

Step 3 · Assessed value

$327,900

Set at the last town-wide revaluation and mostly frozen since. That's $67,297 above what the ratio math suggests (25.8%).

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

$7,089/yr
Public schools$3,916
Cape May County$1,052
Town of Middle$2,121
Middle average$5,374

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

Town median 56.7%
This home · 80.6%

39%99%

A touch high — worth watching

This home's ratio sits above most of Middle, but doesn't clear NJ's legal appeal line (73.70%).

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

AddressSoldPriceSq ftRatio
102 TEAL RD2025-09$570,0002,16157.0%
16 4TH AVE2025-10$200,0002,26897.8%
1422 BURLEIGH AVE2025-01$365,0002,02678.7%
51 ACORN LANE2025-04$405,0002,00057.0%
16 PARK AVE2026-01$350,0001,79258.9%
9 GOSHEN RD2025-10$430,0001,63861.4%
114 RTE 47 S2026-01$295,0002,14486.1%
775 GOSHEN RD2025-01$430,0002,13574.5%
300 CH SO DENNIS RD2026-01$412,5002,17167.0%
189 STAGECOACH RD2025-06$360,0001,70265.9%
1704 JACKSON ST2025-07$285,0001,78887.8%
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 →