The Fair Share Report

301 Bennett 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

≈ $368,174

Likely range $270,905 – $506,720, 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 $368,174 home should be assessed near $235,963.

Step 3 · Assessed value

$231,400

Set at the last town-wide revaluation and mostly frozen since. That's $4,563 below what the ratio math suggests (1.9%).

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%

This home's own bill implies $2.054 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$4,753/yr
Public schools$2,625
Cape May County$705
Town of Middle$1,422
Middle average$5,374

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

Town median 56.7%
This home · 62.9%

39%91%

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
309 N 3RD ST2025-10$350,0001,47857.9%
8 GENEVA AVE2026-04$540,0001,53058.1%
6 LAFAYETTE AVE2025-07$230,0001,46267.0%
9 GOSHEN RD2025-10$430,0001,63861.4%
19 MIMOSA DRIVE2025-02$299,9001,55264.8%
22 COLONIAL AVE2025-10$383,0001,55058.0%
203 VERMONT AVE2025-06$365,0001,32859.5%
805 STONE HARBOR BLVD2025-08$600,0001,30054.0%
7 CORSON ST2025-06$362,0001,58855.1%
29 ELDREDGE AVE2026-04$515,0001,50745.8%
1100 MILLMAN BLVD2025-02$455,0001,44447.8%
12 LEHIGH AVE2025-04$255,0001,39470.3%

Is this your house?

Run your own report →

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 →