The Fair Share Report

41 Colonial 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

≈ $392,424

Likely range $342,834 – $482,987, 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 $392,424 home should be assessed near $251,505.

Step 3 · Assessed value

$296,300

Set at the last town-wide revaluation and mostly frozen since. That's $44,795 above what the ratio math suggests (17.8%).

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

$6,406/yr
Public schools$3,538
Cape May County$951
Town of Middle$1,917
Middle average$5,374

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

Town median 56.7%
This home · 75.5%

39%92%

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%
189 STAGECOACH RD2025-06$360,0001,70265.9%
300 CH SO DENNIS RD2026-01$412,5002,17167.0%
9 GOSHEN RD2025-10$430,0001,63861.4%
5 TIMBER LANE2026-01$535,0001,86454.0%
23 ACORN LANE2025-11$560,0002,36855.9%
38 CYNWYD DRIVE2025-05$565,0001,89059.0%
1 KIMBLE AVE2025-07$490,0002,03274.2%
1407 FULTON ST2025-02$350,0001,53666.8%

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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 →