The Fair Share Report
24 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.
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Step 1 · Market value
Likely range $375,891 – $503,644, 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 $457,045 home should be assessed near $292,920.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $8,520 below what the ratio math suggests (2.9%).
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%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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 16 S 9TH ST | 2025-02 | $461,000 | 1,684 | 53.3% |
| 51 ACORN LANE | 2025-04 | $405,000 | 2,000 | 57.0% |
| 16 PARK AVE | 2026-01 | $350,000 | 1,792 | 58.9% |
| 115 RUTLEDGE RD | 2026-02 | $400,000 | 1,856 | 63.5% |
| 105 ELDREDGE AVE | 2025-11 | $460,000 | 1,680 | 50.3% |
| 1 KIMBLE AVE | 2025-07 | $490,000 | 2,032 | 74.2% |
| 410 N 7TH ST #A | 2025-10 | $380,000 | 1,656 | 59.1% |
| 11 ROMNEY PLACE EAST | 2025-01 | $539,000 | 2,389 | 63.1% |
| 706 BENNETT RD | 2026-02 | $350,000 | 1,650 | 60.7% |
| 614 DIAS CREEK RD | 2025-12 | $582,500 | 2,145 | 50.1% |
| 25 ACORN LANE | 2025-07 | $452,500 | 1,792 | 56.5% |
| 2 SAND DOLLAR DRIVE | 2026-02 | $482,000 | 1,800 | 52.9% |
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