The Fair Share Report

5 Timber Ln

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

≈ $424,740

Likely range $359,498 – $506,191, from 12 comparable Middle sales in the past 18 months, at this home's 1,864 sq ft.

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 $424,740 home should be assessed near $272,216.

Step 3 · Assessed value

$289,000

Set at the last town-wide revaluation and mostly frozen since. That's $16,784 above what the ratio math suggests (6.2%).

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

$6,248/yr
Public schools$3,451
Cape May County$927
Town of Middle$1,870
Middle average$5,374

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

Town median 56.7%
This home · 68.0%

39%86%

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
19 LOMURNO LANE2026-01$500,0001,72550.9%
51 ACORN LANE2025-04$405,0002,00057.0%
1 KIMBLE AVE2025-07$490,0002,03274.2%
5 BENCHE COURT2025-09$399,9992,07470.9%
105 TIMOTHY LANE2025-01$470,0001,58051.3%
614 DIAS CREEK RD2025-12$582,5002,14550.1%
189 STAGECOACH RD2025-06$360,0001,70265.9%
10 CONOVERS LANE2025-08$529,9001,62655.2%
1704 JACKSON ST2025-07$285,0001,78887.8%
24 MARLYN DRIVE2026-04$375,0002,14774.6%
25 ACORN LANE2025-07$452,5001,79256.5%
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 →