The Fair Share Report

705 Bayview Rd

Middle, NJ 08081

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

≈ $384,898

Likely range $318,585 – $415,570, 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 $384,898 home should be assessed near $246,681.

Step 3 · Assessed value

$154,100

Set at the last town-wide revaluation and mostly frozen since. That's $92,581 below what the ratio math suggests (37.5%).

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

$3,421/yr
Public schools$1,890
Cape May County$508
Town of Middle$1,024
Middle average$5,374

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

Town median 56.7%
This home · 40.0%

32%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
416 GOSHEN RD2026-02$420,0001,40856.6%
6 EASY ST2026-03$440,0001,46251.5%
102 SCHOOLHOUSE LANE #22025-03$300,0001,15276.9%
5 VICTORY DRIVE2026-01$400,0001,35858.6%
506 HAND AVE2026-01$340,0001,41657.2%
1 CYPRESS COURT2025-06$399,9001,31152.0%
6 WAYNE AVE2025-10$290,0001,20068.1%
316 3RD AVE2025-01$264,0001,10464.5%
29 LOCUST LANE2026-04$380,0001,33662.8%
13 WILLIAMS ST #22025-03$374,4501,32648.7%
29 ELDREDGE AVE2026-04$515,0001,50745.8%
12 S 2ND AVE2025-05$350,0001,24852.9%

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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 →