The Fair Share Report

23 Crest Rd

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

≈ $444,119

Likely range $353,985 – $479,376, 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 $444,119 home should be assessed near $284,636.

Step 3 · Assessed value

$254,000

Set at the last town-wide revaluation and mostly frozen since. That's $30,636 below what the ratio math suggests (10.8%).

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

$5,491/yr
Public schools$3,033
Cape May County$815
Town of Middle$1,643
Middle average$5,374

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

Town median 56.7%
This home · 57.2%

39%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
16 S 9TH ST2025-02$461,0001,68453.3%
105 ELDREDGE AVE2025-11$460,0001,68050.3%
410 N 7TH ST #A2025-10$380,0001,65659.1%
1 WYNNDEMERE COURT2026-06$470,0001,61147.5%
24 S 5TH ST2025-01$450,0001,63247.6%
706 BENNETT RD2026-02$350,0001,65060.7%
29 ELDREDGE AVE2026-04$515,0001,50745.8%
10 N 7TH ST2025-02$480,0001,66449.0%
29 FALKIRK DRIVE2025-06$515,0001,63645.8%
115 RUTLEDGE RD2026-02$400,0001,85663.5%
19 MIMOSA DRIVE2025-02$299,9001,55264.8%
34 WYNNDEMERE COURT2025-03$415,0001,50156.6%

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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 →