The Fair Share Report

7 Acton Dr

Middle, NJ 08247

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

≈ $571,767

Likely range $501,019 – $732,886, 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 $571,767 home should be assessed near $366,445.

Step 3 · Assessed value

$569,200

Set at the last town-wide revaluation and mostly frozen since. That's $202,755 above what the ratio math suggests (55.3%).

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

$12,306/yr
Public schools$6,797
Cape May County$1,826
Town of Middle$3,682
Middle average$5,374

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

Town median 56.7%
This home · 99.6%

39%119%

Looks meaningfully over-assessed

Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (73.70%) — roughly $4,221/yr at stake. NJ appeals are generally due April 1.

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

AddressSoldPriceSq ftRatio
16 SAND CASTLE DRIVE2025-07$680,0002,56059.8%
2 S 15TH ST2025-05$540,0002,60454.6%
20 LOCHALSH LANE2025-07$555,0002,86852.5%
448 AVALON BLVD2026-05$1,425,0002,53449.0%
30 LOCHALSH LANE2026-06$575,0002,20647.2%
117 RUTLEDGE RD2025-10$482,5002,35565.2%
25 SEABREEZE LANE2026-01$1,587,5003,03439.0%
108 N 6TH AVE2026-03$599,0003,32262.0%
24 MARLYN DRIVE2026-04$375,0002,14774.6%
11 ROMNEY PLACE EAST2025-01$539,0002,38963.1%
614 DIAS CREEK RD2025-12$582,5002,14550.1%
302 RIDGE RD2025-05$450,0002,63458.1%

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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 →