The Fair Share Report

208 Bennett Rd

Middle, NJ 08247

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

≈ $508,538

Likely range $370,533 – $679,149, 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 $508,538 home should be assessed near $325,922.

Step 3 · Assessed value

$309,800

Set at the last town-wide revaluation and mostly frozen since. That's $16,122 below what the ratio math suggests (4.9%).

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

$6,698/yr
Public schools$3,700
Cape May County$994
Town of Middle$2,004
Middle average$5,374

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

Town median 56.7%
This home · 60.9%

39%89%

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
220 HAND AVE2026-02$645,0001,83737.6%
13 POPLAR ST2026-01$600,0001,80136.6%
114 RTE 47 S2026-01$295,0002,14486.1%
112 W PACIFIC AVE2026-03$520,0002,22644.9%
610 RTE 9 N2026-01$430,0001,64870.5%
24 E BOARDWALK GS2025-02$300,0001,69790.6%
1127 STONE HARBOR BLVDA202025-12$1,900,0001,93843.8%
51 ACORN LANE2025-04$405,0002,00057.0%
38 CYNWYD DRIVE2025-05$565,0001,89059.0%
1007 AUGUSTA COURT2026-01$580,0002,01653.3%
1422 BURLEIGH AVE2025-01$365,0002,02678.7%
1 KIMBLE AVE2025-07$490,0002,03274.2%

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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 →