The Fair Share Report

205 3rd Ave

Middle, NJ 08260

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

≈ $427,099

Likely range $402,316 – $463,206, 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 $427,099 home should be assessed near $273,728.

Step 3 · Assessed value

$228,800

Set at the last town-wide revaluation and mostly frozen since. That's $44,928 below what the ratio math suggests (16.4%).

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

$4,947/yr
Public schools$2,732
Cape May County$734
Town of Middle$1,480
Middle average$5,374

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

Town median 56.7%
This home · 53.6%

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
5 VICTORY DRIVE2026-01$400,0001,35858.6%
20 WYNNDEMERE COURT2026-06$505,0001,51545.5%
6 EASY ST2026-03$440,0001,46251.5%
12 S 2ND AVE2025-05$350,0001,24852.9%
600 VICK ST2026-02$445,0001,50451.7%
40 WYNNDEMERE COURT2026-05$415,0001,43354.0%
13 WILLIAMS ST #22025-03$374,4501,32648.7%
90 WYNNDEMERE COURT2025-11$449,0001,33847.9%
105 ELDREDGE AVE2025-11$460,0001,68050.3%
416 GOSHEN RD2026-02$420,0001,40856.6%
34 WYNNDEMERE COURT2025-03$415,0001,50156.6%
410 N 7TH ST #A2025-10$380,0001,65659.1%

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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 →