The Fair Share Report

312 3rd 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

≈ $449,706

Likely range $388,651 – $503,363, 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 $449,706 home should be assessed near $288,217.

Step 3 · Assessed value

$262,500

Set at the last town-wide revaluation and mostly frozen since. That's $25,717 below what the ratio math suggests (8.9%).

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

$5,675/yr
Public schools$3,135
Cape May County$842
Town of Middle$1,698
Middle average$5,374

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

Town median 56.7%
This home · 58.4%

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
38 CYNWYD DRIVE2025-05$565,0001,89059.0%
105 ELDREDGE AVE2025-11$460,0001,68050.3%
25 ACORN LANE2025-07$452,5001,79256.5%
16 S 9TH ST2025-02$461,0001,68453.3%
6 EASY ST2026-03$440,0001,46251.5%
1 KIMBLE AVE2025-07$490,0002,03274.2%
20 WYNNDEMERE COURT2026-06$505,0001,51545.5%
410 N 7TH ST #A2025-10$380,0001,65659.1%
2 SAND DOLLAR DRIVE2026-02$482,0001,80052.9%
416 GOSHEN RD2026-02$420,0001,40856.6%
614 DIAS CREEK RD2025-12$582,5002,14550.1%
706 BENNETT RD2026-02$350,0001,65060.7%

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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 →