The Fair Share Report

8 Olin Dr

Middle, NJ 08210

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

≈ $829,757

Likely range $671,526 – $904,971, 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 $829,757 home should be assessed near $531,791.

Step 3 · Assessed value

$519,000

Set at the last town-wide revaluation and mostly frozen since. That's $12,791 below what the ratio math suggests (2.4%).

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

$11,221/yr
Public schools$6,198
Cape May County$1,665
Town of Middle$3,358
Middle average$5,374

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

Town median 56.7%
This home · 62.5%

39%84%

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
61 MUIRHEAD LANE2025-02$874,9903,19882.6%
66 MUIRHEAD LANE2025-01$914,9903,19879.0%
2 WATERFORD LANE2025-08$910,0002,87675.8%
15 4TH AVE2025-09$525,0003,17666.6%
44 DORY DRIVE #B2025-03$550,0003,19580.6%
18 EAGLES WAY2025-08$1,355,0003,71158.2%
503 SOUTHGATE RD2026-06$677,5002,59278.0%
205 SOUTHGATE RD2026-02$690,0002,59276.5%
203 SOUTHGATE RD2026-01$650,0002,59281.0%
501 SOUTHGATE RD2026-01$690,0002,59276.5%
102 SOUTHGATE RD2025-02$667,3602,59278.9%
25 SEABREEZE LANE2026-01$1,587,5003,03439.0%

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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 →