The Fair Share Report

8 E Secluded Ln

Middle, NJ 08242

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

≈ $561,152

Likely range $471,895 – $752,199, 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 $561,152 home should be assessed near $359,642.

Step 3 · Assessed value

$429,000

Set at the last town-wide revaluation and mostly frozen since. That's $69,358 above what the ratio math suggests (19.3%).

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

$9,524/yr
Public schools$5,261
Cape May County$1,413
Town of Middle$2,850
Middle average$5,374

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

Town median 56.7%
This home · 76.4%

39%96%

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
23 ACORN LANE2025-11$560,0002,36855.9%
302 RIDGE RD2025-05$450,0002,63458.1%
16 SAND CASTLE DRIVE2025-07$680,0002,56059.8%
116 DAVIS RD2025-02$365,0002,53675.7%
322 1ST AVE2025-05$680,0002,62255.8%
20 LOCHALSH LANE2025-07$555,0002,86852.5%
10 TIMBERLEA LANE2025-09$600,0002,96667.6%
2 S 15TH ST2025-05$540,0002,60454.6%
6 GALLOPING WAY2026-06$850,0002,72546.6%
614 DIAS CREEK RD2025-12$582,5002,14550.1%
9 CYNWYD DRIVE2025-01$605,0003,29764.0%
1422 BURLEIGH AVE2025-01$365,0002,02678.7%

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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 →