The Fair Share Report

520 Avalon Blvd

Middle, NJ 08052

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

≈ $318,856

Likely range $211,355 – $376,983, 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 $318,856 home should be assessed near $204,355.

Step 3 · Assessed value

$35,000

Set at the last town-wide revaluation and mostly frozen since. That's $169,355 below what the ratio math suggests (82.9%).

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

$757/yr
Public schools$418
Cape May County$112
Town of Middle$226
Middle average$5,374

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

Town median 56.7%
This home · 11.0%

4%84%

Keep quiet and enjoy it

This home's assessment ratio sits below the Middle pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
227 RTE 47 S2025-12$217,0001,00883.9%
1134 GOLF CLUB RD2025-02$375,0001,00855.4%
7 BROOKS AVE2025-07$250,0001,02476.0%
308 HAND AVE2025-09$250,0001,07174.4%
57 WYNNDEMERE COURT2025-10$440,0001,11446.6%
5 LINDEN COVE2026-06$350,0001,11841.0%
102 SCHOOLHOUSE LANE #22025-03$300,0001,15276.9%
31 W BOARDWALK GS2025-05$325,0001,00575.4%
515 RTE 47 S2026-01$250,0001,24669.5%
124 BUCKNELL AVE2025-06$325,00092447.5%
11 COLGATE ST2025-01$549,0001,05635.3%
3010 RTE 9 S2026-04$307,50073241.9%

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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 →