The Fair Share Report

4 Eagles Way

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

≈ $648,360

Likely range $459,344 – $807,685, 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 $648,360 home should be assessed near $415,534.

Step 3 · Assessed value

$469,600

Set at the last town-wide revaluation and mostly frozen since. That's $54,066 above what the ratio math suggests (13.0%).

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

$10,153/yr
Public schools$5,608
Cape May County$1,507
Town of Middle$3,038
Middle average$5,374

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

Town median 56.7%
This home · 72.4%

39%108%

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
16 SAND CASTLE DRIVE2025-07$680,0002,56059.8%
6 GALLOPING WAY2026-06$850,0002,72546.6%
322 1ST AVE2025-05$680,0002,62255.8%
2 S 15TH ST2025-05$540,0002,60454.6%
20 LOCHALSH LANE2025-07$555,0002,86852.5%
24 MARLYN DRIVE2026-04$375,0002,14774.6%
1123 STONE HARBOR BLVD2025-03$2,235,0002,73631.2%
44 DORY DRIVE #B2025-03$550,0003,19580.6%
614 DIAS CREEK RD2025-12$582,5002,14550.1%
1116 STONE HARBOR BLVD1012025-12$1,525,0002,43942.1%
3 FAIRWAY DRIVE2026-04$650,0002,10851.9%
1116 STONE HARBOR BLVD2042025-03$1,702,0002,43937.6%

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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 →