The Fair Share Report

5 Romney Pl

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

≈ $367,390

Likely range $210,554 – $403,095, 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 $367,390 home should be assessed near $235,460.

Step 3 · Assessed value

$202,800

Set at the last town-wide revaluation and mostly frozen since. That's $32,660 below what the ratio math suggests (13.9%).

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

$4,385/yr
Public schools$2,422
Cape May County$651
Town of Middle$1,312
Middle average$5,374

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

Town median 56.7%
This home · 55.2%

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
515 RTE 47 S2026-01$250,0001,24669.5%
1 CYPRESS COURT2025-06$399,9001,31152.0%
5 VICTORY DRIVE2026-01$400,0001,35858.6%
12 S 2ND AVE2025-05$350,0001,24852.9%
12 LEHIGH AVE2025-04$255,0001,39470.3%
506 HAND AVE2026-01$340,0001,41657.2%
24 E BOARDWALK GS2025-02$300,0001,69790.6%
24 N 12TH ST2025-07$210,0001,315114.1%
15 N 11TH ST2026-05$410,0001,26451.0%
6 EASY ST2026-03$440,0001,46251.5%
300 HAND AVE2026-05$276,0001,61457.8%
13 WILLIAMS ST #22025-03$374,4501,32648.7%

Is this your house?

Run your own report →

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 →