The Fair Share Report

38 Crest Rd

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

≈ $451,546

Likely range $373,437 – $463,450, 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 $451,546 home should be assessed near $289,396.

Step 3 · Assessed value

$233,600

Set at the last town-wide revaluation and mostly frozen since. That's $55,796 below what the ratio math suggests (19.3%).

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%

This home's own bill implies $2.055 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$4,800/yr
Public schools$2,652
Cape May County$712
Town of Middle$1,436
Middle average$5,374

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

Town median 56.7%
This home · 51.7%

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
6 EASY ST2026-03$440,0001,46251.5%
416 GOSHEN RD2026-02$420,0001,40856.6%
25 ACORN LANE2025-07$452,5001,79256.5%
20 WYNNDEMERE COURT2026-06$505,0001,51545.5%
29 ELDREDGE AVE2026-04$515,0001,50745.8%
506 HAND AVE2026-01$340,0001,41657.2%
16 S 9TH ST2025-02$461,0001,68453.3%
1407 FULTON ST2025-02$350,0001,53666.8%
38 CYNWYD DRIVE2025-05$565,0001,89059.0%
105 TIMOTHY LANE2025-01$470,0001,58051.3%
105 ELDREDGE AVE2025-11$460,0001,68050.3%
6 WAYNE AVE2025-10$290,0001,20068.1%

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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 →