The Fair Share Report

4 View 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

≈ $356,755

Likely range $228,360 – $434,655, 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 $356,755 home should be assessed near $228,644.

Step 3 · Assessed value

$181,800

Set at the last town-wide revaluation and mostly frozen since. That's $46,844 below what the ratio math suggests (20.5%).

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

$3,931/yr
Public schools$2,171
Cape May County$583
Town of Middle$1,176
Middle average$5,374

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

Town median 56.7%
This home · 51.0%

36%85%

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
24 N 12TH ST2025-07$210,0001,315114.1%
1 CYPRESS COURT2025-06$399,9001,31152.0%
29 LOCUST LANE2026-04$380,0001,33662.8%
805 STONE HARBOR BLVD2025-08$600,0001,30054.0%
203 VERMONT AVE2025-06$365,0001,32859.5%
506 HAND AVE2026-01$340,0001,41657.2%
147 SPRINGERS MILL RD2025-04$285,0001,47256.7%
15 N 11TH ST2026-05$410,0001,26451.0%
16 VIRGINIA AVE2025-06$150,0001,091128.3%
19 MIMOSA DRIVE2025-02$299,9001,55264.8%
81 INDIAN TRAIL2025-09$280,0001,08062.1%
6 LAFAYETTE AVE2025-07$230,0001,46267.0%

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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 →