The Fair Share Report

307 Sawgrass Ct

Middle, NJ 08033

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

≈ $594,436

Likely range $550,570 – $631,963, 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 $594,436 home should be assessed near $380,974.

Step 3 · Assessed value

$389,700

Set at the last town-wide revaluation and mostly frozen since. That's $8,726 above what the ratio math suggests (2.3%).

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

$8,425/yr
Public schools$4,654
Cape May County$1,250
Town of Middle$2,521
Middle average$5,374

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

Town median 56.7%
This home · 65.6%

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
908 ST ANDREWS DRIVE2026-05$635,0002,25852.3%
1106 ST ANDREWS DRIVE2025-06$610,0002,25854.4%
301 SAWGRASS COURT2026-06$700,0002,54555.7%
1102 ST ANDREWS DRIVE2025-04$660,0002,54559.0%
201 ST ANDREWS DRIVE2025-03$425,0002,04279.1%
16 SAND CASTLE DRIVE2025-07$680,0002,56059.8%
24 MARLYN DRIVE2026-04$375,0002,14774.6%
407 SEACREST LANE2026-04$549,5002,14044.4%
614 DIAS CREEK RD2025-12$582,5002,14550.1%
1804 TIDEWATER AVE2025-09$539,9002,14041.7%
1607 TIDEWATER AVE2026-06$540,0002,14045.2%
2107 TIDEWATER AVE2025-08$536,5002,14045.3%

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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 →