The Fair Share Report

4 Darott Dr

Middle, NJ 08540

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

≈ $405,599

Likely range $323,921 – $480,353, 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 $405,599 home should be assessed near $259,948.

Step 3 · Assessed value

$305,500

Set at the last town-wide revaluation and mostly frozen since. That's $45,552 above what the ratio math suggests (17.5%).

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

$6,605/yr
Public schools$3,648
Cape May County$980
Town of Middle$1,976
Middle average$5,374

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

Town median 56.7%
This home · 75.3%

39%100%

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
1704 JACKSON ST2025-07$285,0001,78887.8%
25 ACORN LANE2025-07$452,5001,79256.5%
1422 BURLEIGH AVE2025-01$365,0002,02678.7%
51 ACORN LANE2025-04$405,0002,00057.0%
9 GOSHEN RD2025-10$430,0001,63861.4%
189 STAGECOACH RD2025-06$360,0001,70265.9%
300 CH SO DENNIS RD2026-01$412,5002,17167.0%
38 CYNWYD DRIVE2025-05$565,0001,89059.0%
706 BENNETT RD2026-02$350,0001,65060.7%
416 GOSHEN RD2026-02$420,0001,40856.6%
5 TIMBER LANE2026-01$535,0001,86454.0%
23 ACORN LANE2025-11$560,0002,36855.9%

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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 →