The Fair Share Report

7 Dory Dr

Middle, NJ 08210

The town adjusts for market price changes once a year — but only based on the average price change of all homes in the area. This report checks whether this house's assessment kept pace.

This home's payments are about right

It sits inside Middle's normal range — market price changes haven't singled it out. No case for a tax appeal.

Step 1 · Market value

≈ $392,655

Likely range $346,204 – $478,943, 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 $392,655 home should be assessed near $251,653.

Step 3 · Assessed value

$267,000

Set at the last town-wide revaluation and mostly frozen since. That's $15,347 above what the ratio math suggests (6.1%).

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

$5,773/yr
Public schools$3,188
Cape May County$857
Town of Middle$1,727
Middle average$5,374

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

Town median 56.7%
This home · 68.0%

39%84%

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

AddressSoldPriceSq ftRatio
6 EASY ST2026-03$440,0001,46251.5%
29 ELDREDGE AVE2026-04$515,0001,50745.8%
506 HAND AVE2026-01$340,0001,41657.2%
9 GOSHEN RD2025-10$430,0001,63861.4%
706 BENNETT RD2026-02$350,0001,65060.7%
25 ACORN LANE2025-07$452,5001,79256.5%
1704 JACKSON ST2025-07$285,0001,78887.8%
610 RTE 9 N2026-01$430,0001,64870.5%
309 N 3RD ST2025-10$350,0001,47857.9%
22 COLONIAL AVE2025-10$383,0001,55058.0%
416 GOSHEN RD2026-02$420,0001,40856.6%
1407 FULTON ST2025-02$350,0001,53666.8%

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