The Fair Share Report

8 Moore Ter

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

≈ $738,011

Likely range $603,715 – $903,169, from 12 comparable Middle sales in the past 18 months, at this home's 3,290 sq ft.

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 $738,011 home should be assessed near $472,991.

Step 3 · Assessed value

$377,000

Set at the last town-wide revaluation and mostly frozen since. That's $95,991 below what the ratio math suggests (20.3%).

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

$8,520/yr
Public schools$4,706
Cape May County$1,265
Town of Middle$2,550
Middle average$5,374

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

Town median 56.7%
This home · 51.1%

36%84%

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

AddressSoldPriceSq ftRatio
17 HOLLY KNOLL DRIVE2025-02$725,0003,23262.5%
108 N 6TH AVE2026-03$599,0003,32262.0%
9 CYNWYD DRIVE2025-01$605,0003,29764.0%
44 DORY DRIVE #B2025-03$550,0003,19580.6%
25 SEABREEZE LANE2026-01$1,587,5003,03439.0%
15 4TH AVE2025-09$525,0003,17666.6%
576 RTE 47 N2026-02$700,0003,46055.5%
10 TIMBERLEA LANE2025-09$600,0002,96667.6%
1123 STONE HARBOR BLVD2025-03$2,235,0002,73631.2%
20 LOCHALSH LANE2025-07$555,0002,86852.5%
61 MUIRHEAD LANE2025-02$874,9903,19882.6%
66 MUIRHEAD LANE2025-01$914,9903,19879.0%

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