The Fair Share Report

27 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

≈ $506,100

Likely range $407,328 – $517,500, from 12 comparable Middle sales in the past 18 months, at this home's 1,890 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 $506,100 home should be assessed near $324,359.

Step 3 · Assessed value

$222,000

Set at the last town-wide revaluation and mostly frozen since. That's $102,359 below what the ratio math suggests (31.6%).

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

$4,800/yr
Public schools$2,651
Cape May County$712
Town of Middle$1,436
Middle average$5,374

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

Town median 56.7%
This home · 43.9%

37%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
1 KIMBLE AVE2025-07$490,0002,03274.2%
115 RUTLEDGE RD2026-02$400,0001,85663.5%
51 ACORN LANE2025-04$405,0002,00057.0%
614 DIAS CREEK RD2025-12$582,5002,14550.1%
24 MARLYN DRIVE2026-04$375,0002,14774.6%
24 S 5TH ST2025-01$450,0001,63247.6%
10 N 7TH ST2025-02$480,0001,66449.0%
16 S 9TH ST2025-02$461,0001,68453.3%
16 PARK AVE2026-01$350,0001,79258.9%
30 LOCHALSH LANE2026-06$575,0002,20647.2%
105 ELDREDGE AVE2025-11$460,0001,68050.3%
2 SAND DOLLAR DRIVE2026-02$482,0001,80052.9%

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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 →