The Fair Share Report

304 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

≈ $460,790

Likely range $401,782 – $515,702, 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 $460,790 home should be assessed near $295,320.

Step 3 · Assessed value

$220,600

Set at the last town-wide revaluation and mostly frozen since. That's $74,720 below what the ratio math suggests (25.3%).

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

$4,769/yr
Public schools$2,634
Cape May County$708
Town of Middle$1,427
Middle average$5,374

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

Town median 56.7%
This home · 47.9%

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
1100 MILLMAN BLVD2025-02$455,0001,44447.8%
15 LEONARDS LANE2025-07$1,699,0001,40433.1%
14 W ATLANTIC AVE2026-05$465,0001,43652.0%
40 WYNNDEMERE COURT2026-05$415,0001,43354.0%
102 PINE AVE2025-05$478,0001,34453.0%
34 WYNNDEMERE COURT2025-03$415,0001,50156.6%
25 N 12TH ST2025-08$444,9001,58450.8%
20 WYNNDEMERE COURT2026-06$505,0001,51545.5%
24 S 5TH ST2025-01$450,0001,63247.6%
88 WYNNDEMERE COURT2025-06$434,9001,31950.6%
90 WYNNDEMERE COURT2025-11$449,0001,33847.9%
10 N 7TH ST2025-02$480,0001,66449.0%

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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 →