The Fair Share Report

21 Beach Ave

Middle, NJ 08051

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

≈ $400,909

Likely range $371,838 – $457,983, 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 $400,909 home should be assessed near $256,943.

Step 3 · Assessed value

$319,100

Set at the last town-wide revaluation and mostly frozen since. That's $62,157 above what the ratio math suggests (24.2%).

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

$7,212/yr
Public schools$3,983
Cape May County$1,070
Town of Middle$2,158
Middle average$5,374

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

Town median 56.7%
This home · 79.6%

39%91%

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
5 VICTORY DRIVE2026-01$400,0001,35858.6%
90 WYNNDEMERE COURT2025-11$449,0001,33847.9%
1 CYPRESS COURT2025-06$399,9001,31152.0%
88 WYNNDEMERE COURT2025-06$434,9001,31950.6%
12 S 2ND AVE2025-05$350,0001,24852.9%
506 HAND AVE2026-01$340,0001,41657.2%
105 ELDREDGE AVE2025-11$460,0001,68050.3%
6 EASY ST2026-03$440,0001,46251.5%
20 WYNNDEMERE COURT2026-06$505,0001,51545.5%
102 SCHOOLHOUSE LANE #22025-03$300,0001,15276.9%
13 WILLIAMS ST #22025-03$374,4501,32648.7%
416 GOSHEN RD2026-02$420,0001,40856.6%

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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 →