The Fair Share Report

41 Dory Dr

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

≈ $585,087

Likely range $507,978 – $807,005, 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 $585,087 home should be assessed near $374,982.

Step 3 · Assessed value

$489,300

Set at the last town-wide revaluation and mostly frozen since. That's $114,318 above what the ratio math suggests (30.5%).

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

$10,579/yr
Public schools$5,843
Cape May County$1,570
Town of Middle$3,165
Middle average$5,374

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

Town median 56.7%
This home · 83.6%

39%102%

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
20 LOCHALSH LANE2025-07$555,0002,86852.5%
6 GALLOPING WAY2026-06$850,0002,72546.6%
1123 STONE HARBOR BLVD2025-03$2,235,0002,73631.2%
17 HOLLY KNOLL DRIVE2025-02$725,0003,23262.5%
44 DORY DRIVE #B2025-03$550,0003,19580.6%
16 SAND CASTLE DRIVE2025-07$680,0002,56059.8%
322 1ST AVE2025-05$680,0002,62255.8%
108 N 6TH AVE2026-03$599,0003,32262.0%
302 RIDGE RD2025-05$450,0002,63458.1%
2 S 15TH ST2025-05$540,0002,60454.6%
5 BENCHE COURT2025-09$399,9992,07470.9%
15 4TH AVE2025-09$525,0003,17666.6%

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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 →