The Fair Share Report

216 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

≈ $583,134

Likely range $516,002 – $746,938, from 12 comparable Middle sales in the past 18 months, at this home's 2,812 sq ft.

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 $583,134 home should be assessed near $373,731.

Step 3 · Assessed value

$322,500

Set at the last town-wide revaluation and mostly frozen since. That's $51,231 below what the ratio math suggests (13.7%).

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

$6,972/yr
Public schools$3,851
Cape May County$1,035
Town of Middle$2,086
Middle average$5,374

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

Town median 56.7%
This home · 55.3%

38%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
20 LOCHALSH LANE2025-07$555,0002,86852.5%
16 SAND CASTLE DRIVE2025-07$680,0002,56059.8%
2 S 15TH ST2025-05$540,0002,60454.6%
10 TIMBERLEA LANE2025-09$600,0002,96667.6%
108 N 6TH AVE2026-03$599,0003,32262.0%
322 1ST AVE2025-05$680,0002,62255.8%
116 DAVIS RD2025-02$365,0002,53675.7%
9 CYNWYD DRIVE2025-01$605,0003,29764.0%
2 WATERFORD LANE2025-08$910,0002,87675.8%
24 MARLYN DRIVE2026-04$375,0002,14774.6%
6 GALLOPING WAY2026-06$850,0002,72546.6%
3 VICTORY DRIVE2025-06$455,0002,18662.1%

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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 →