The Fair Share Report

6 Carter 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

≈ $434,006

Likely range $332,584 – $465,179, 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 $434,006 home should be assessed near $278,154.

Step 3 · Assessed value

$279,800

Set at the last town-wide revaluation and mostly frozen since. That's $1,646 above what the ratio math suggests (0.6%).

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

$6,385/yr
Public schools$3,527
Cape May County$948
Town of Middle$1,911
Middle average$5,374

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

Town median 56.7%
This home · 64.5%

39%90%

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
6 EASY ST2026-03$440,0001,46251.5%
416 GOSHEN RD2026-02$420,0001,40856.6%
29 ELDREDGE AVE2026-04$515,0001,50745.8%
1407 FULTON ST2025-02$350,0001,53666.8%
1127 STONE HARBOR BLVDB232026-01$1,499,0001,46942.7%
1127 STONE HARBOR BLVDB232025-09$1,250,0001,46951.2%
105 TIMOTHY LANE2025-01$470,0001,58051.3%
413 HAND AVE #16P2025-03$280,0001,62058.9%
1100 MILLMAN BLVD2025-02$455,0001,44447.8%
506 HAND AVE2026-01$340,0001,41657.2%
147 SPRINGERS MILL RD2025-04$285,0001,47256.7%
16 S 9TH ST2025-02$461,0001,68453.3%

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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 →