The Fair Share Report
218 E Shellbay 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $449,907 – $774,643, from 12 comparable Middle sales in the past 18 months (home size estimated from assessor data — range widened).
Step 2 · The Director's Ratio
The state's official measure of how far Middle assessments sit below market value — republished every October, applied town-wide. A $671,794 home should be assessed near $430,553.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $58,353 below what the ratio math suggests (13.6%).
Step 4 · The tax rate — same for every Middle home
$1.150 Schools · 55% $0.309 County · 15% $0.623 Town · 30%
Step 5 · The bill
This home vs. every recent Middle sale · assessed ÷ market
39%88%
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 27 CANTERBURY WAY | 2025-06 | $669,000 | 2,076 | 66.0% |
| 15 CANTERBURY WAY | 2025-04 | $685,000 | 2,076 | 63.5% |
| 905 PENNSYLVANIA AVE | 2026-05 | $415,000 | 2,107 | 54.7% |
| 2 S 15TH ST | 2025-05 | $540,000 | 2,604 | 54.6% |
| 24 WOODVIEW LANE | 2025-07 | $765,125 | 2,142 | 42.4% |
| 16 SAND CASTLE DRIVE | 2025-07 | $680,000 | 2,560 | 59.8% |
| 10 CANTERBURY WAY | 2026-05 | $656,000 | 2,076 | 65.7% |
| 10 CANTERBURY WAY | 2025-06 | $610,000 | 2,076 | 70.6% |
| 2 WATERFORD LANE | 2025-08 | $910,000 | 2,876 | 75.8% |
| 24 MARLYN DRIVE | 2026-04 | $375,000 | 2,147 | 74.6% |
| 66 MUIRHEAD LANE | 2025-01 | $914,990 | 3,198 | 79.0% |
| 3 VICTORY DRIVE | 2025-06 | $455,000 | 2,186 | 62.1% |
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