The Fair Share Report

311 Reading 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

≈ $411,099

Likely range $362,304 – $479,009, 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 $411,099 home should be assessed near $263,473.

Step 3 · Assessed value

$191,200

Set at the last town-wide revaluation and mostly frozen since. That's $72,273 below what the ratio math suggests (27.4%).

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

$4,245/yr
Public schools$2,345
Cape May County$630
Town of Middle$1,270
Middle average$5,374

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

Town median 56.7%
This home · 46.5%

34%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
22 COLONIAL AVE2025-10$383,0001,55058.0%
12 LEHIGH AVE2025-04$255,0001,39470.3%
19 CANTERBURY WAY2025-09$617,5001,56463.4%
610 RTE 9 N2026-01$430,0001,64870.5%
309 N 3RD ST2025-10$350,0001,47857.9%
20 WYNNDEMERE COURT2026-06$505,0001,51545.5%
600 VICK ST2026-02$445,0001,50451.7%
13 POPLAR ST2026-01$600,0001,80136.6%
1704 JACKSON ST2025-07$285,0001,78887.8%
416 GOSHEN RD2026-02$420,0001,40856.6%
9 GOSHEN RD2025-10$430,0001,63861.4%
1407 FULTON ST2025-02$350,0001,53666.8%

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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 →