The Fair Share Report

41 Beach 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

≈ $255,000

Likely range $250,000 – $600,000, from 7 comparable Middle sales in the past 18 months.

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 $255,000 home should be assessed near $163,430.

Step 3 · Assessed value

$170,800

Set at the last town-wide revaluation and mostly frozen since. That's $7,371 above what the ratio math suggests (4.5%).

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

$3,860/yr
Public schools$2,132
Cape May County$573
Town of Middle$1,155
Middle average$5,374

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

Town median 56.7%
This home · 67.0%

23%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
75 W BOARDWALK GS2026-06$250,00055376.4%
12 LEHIGH AVE2025-04$255,0001,39470.3%
22 COLONIAL AVE2025-10$383,0001,55058.0%
805 STONE HARBOR BLVD2025-08$600,0001,30054.0%
3010 RTE 9 S2026-04$307,50073241.9%
308 HAND AVE2025-09$250,0001,07174.4%
220 HAND AVE2026-02$645,0001,83737.6%

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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 →