The Fair Share Report

43 Crest 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

≈ $459,726

Likely range $416,385 – $492,378, 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 $459,726 home should be assessed near $294,638.

Step 3 · Assessed value

$262,000

Set at the last town-wide revaluation and mostly frozen since. That's $32,638 below what the ratio math suggests (11.1%).

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

$5,664/yr
Public schools$3,129
Cape May County$841
Town of Middle$1,695
Middle average$5,374

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

Town median 56.7%
This home · 57.0%

39%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
16 S 9TH ST2025-02$461,0001,68453.3%
604 RTE 9 N #D2026-04$470,0001,72850.7%
19 LOMURNO LANE2026-01$500,0001,72550.9%
105 ELDREDGE AVE2025-11$460,0001,68050.3%
413 HAND AVE #16P2025-03$280,0001,62058.9%
105 TIMOTHY LANE2025-01$470,0001,58051.3%
10 CONOVERS LANE2025-08$529,9001,62655.2%
5 TIMBER LANE2026-01$535,0001,86454.0%
25 ACORN LANE2025-07$452,5001,79256.5%
24 S 5TH ST2025-01$450,0001,63247.6%
10 N 7TH ST2025-02$480,0001,66449.0%
410 N 7TH ST #A2025-10$380,0001,65659.1%

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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 →