The Fair Share Report

29 E Pacific 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.

Step 1 · Market value

≈ $504,493

Likely range $417,018 – $551,723, 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 $504,493 home should be assessed near $323,330.

Step 3 · Assessed value

$297,200

Set at the last town-wide revaluation and mostly frozen since. That's $26,130 below what the ratio math suggests (8.1%).

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

$6,425/yr
Public schools$3,549
Cape May County$954
Town of Middle$1,923
Middle average$5,374

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

Town median 56.7%
This home · 58.9%

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
115 RUTLEDGE RD2026-02$400,0001,85663.5%
38 CYNWYD DRIVE2025-05$565,0001,89059.0%
1007 AUGUSTA COURT2026-01$580,0002,01653.3%
201 ST ANDREWS DRIVE2025-03$425,0002,04279.1%
1127 STONE HARBOR BLVDA202025-12$1,900,0001,93843.8%
3 WHIMBREL WAY2026-01$535,0002,08766.4%
3 WHIMBREL WAY2025-03$675,0002,08752.6%
2 SAND DOLLAR DRIVE2026-02$482,0001,80052.9%
3 LACIVITA DRIVE2025-03$460,0002,05066.0%
410 N 7TH ST #A2025-10$380,0001,65659.1%
10 N 7TH ST2025-02$480,0001,66449.0%
5 TIMBER LANE2026-01$535,0001,86454.0%

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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 →