The Fair Share Report
309 E Pacific Ave
Middle, NJ 08230
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $408,656 – $539,677, from 12 comparable Middle sales in the past 18 months, at this home's 2,392 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Middle assessments sit below market value — republished every October, applied town-wide. A $454,491 home should be assessed near $291,283.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $59,283 below what the ratio math suggests (20.4%).
Step 4 · The tax rate — same for every Middle home
$1.150 Schools · 55% $0.309 County · 15% $0.623 Town · 30%
Step 5 · The bill
This home vs. every recent Middle sale · assessed ÷ market
38%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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 23 ACORN LANE | 2025-11 | $560,000 | 2,368 | 55.9% |
| 7 TIMBERLEA LANE | 2025-06 | $505,000 | 2,388 | 58.7% |
| 300 CH SO DENNIS RD | 2026-01 | $412,500 | 2,171 | 67.0% |
| 116 DAVIS RD | 2025-02 | $365,000 | 2,536 | 75.7% |
| 302 RIDGE RD | 2025-05 | $450,000 | 2,634 | 58.1% |
| 16 4TH AVE | 2025-10 | $200,000 | 2,268 | 97.8% |
| 1422 BURLEIGH AVE | 2025-01 | $365,000 | 2,026 | 78.7% |
| 10 TIMBERLEA LANE | 2025-09 | $600,000 | 2,966 | 67.6% |
| 51 ACORN LANE | 2025-04 | $405,000 | 2,000 | 57.0% |
| 11 ROMNEY PLACE EAST | 2025-01 | $539,000 | 2,389 | 63.1% |
| 614 DIAS CREEK RD | 2025-12 | $582,500 | 2,145 | 50.1% |
| 25 ACORN LANE | 2025-07 | $452,500 | 1,792 | 56.5% |
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