The Fair Share Report
219 Eldredge Ave
Middle, NJ 08108
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 $381,487 – $563,471, 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 $515,050 home should be assessed near $330,096.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $25,196 below what the ratio math suggests (7.6%).
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%85%
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 |
|---|---|---|---|---|
| 1 KIMBLE AVE | 2025-07 | $490,000 | 2,032 | 74.2% |
| 24 MARLYN DRIVE | 2026-04 | $375,000 | 2,147 | 74.6% |
| 117 RUTLEDGE RD | 2025-10 | $482,500 | 2,355 | 65.2% |
| 614 DIAS CREEK RD | 2025-12 | $582,500 | 2,145 | 50.1% |
| 905 PENNSYLVANIA AVE | 2026-05 | $415,000 | 2,107 | 54.7% |
| 30 LOCHALSH LANE | 2026-06 | $575,000 | 2,206 | 47.2% |
| 115 RUTLEDGE RD | 2026-02 | $400,000 | 1,856 | 63.5% |
| 2 SAND DOLLAR DRIVE | 2026-02 | $482,000 | 1,800 | 52.9% |
| 51 ACORN LANE | 2025-04 | $405,000 | 2,000 | 57.0% |
| 25 N 12TH ST | 2025-08 | $444,900 | 1,584 | 50.8% |
| 10 N 7TH ST | 2025-02 | $480,000 | 1,664 | 49.0% |
| 24 S 5TH ST | 2025-01 | $450,000 | 1,632 | 47.6% |
Is this your house?
Run your own report →