The Fair Share Report

311 Sumner St

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

≈ $462,692

Likely range $447,936 – $513,880, 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 $462,692 home should be assessed near $296,539.

Step 3 · Assessed value

$199,300

Set at the last town-wide revaluation and mostly frozen since. That's $97,239 below what the ratio math suggests (32.8%).

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

$4,424/yr
Public schools$2,444
Cape May County$657
Town of Middle$1,324
Middle average$5,374

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

Town median 56.7%
This home · 43.1%

33%84%

Keep quiet and enjoy it

This home's assessment ratio sits below the Middle pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
1 WYNNDEMERE COURT2026-06$470,0001,61147.5%
29 FALKIRK DRIVE2025-06$515,0001,63645.8%
19 CANTERBURY WAY2025-09$617,5001,56463.4%
307 TIDEWATER AVE2025-02$475,0001,64942.8%
25 N 12TH ST2025-08$444,9001,58450.8%
10 BROOK RIDGE RD2025-01$745,0001,56854.1%
410 N 7TH ST #A2025-10$380,0001,65659.1%
20 WYNNDEMERE COURT2026-06$505,0001,51545.5%
18 PINE LANDING WAY2025-05$475,0001,59360.4%
2 SAND DOLLAR DRIVE2026-02$482,0001,80052.9%
10 N 7TH ST2025-02$480,0001,66449.0%
24 S 5TH ST2025-01$450,0001,63247.6%

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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 →