The Fair Share Report

801 Bennett Rd

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

≈ $457,298

Likely range $368,645 – $504,046, 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 $457,298 home should be assessed near $293,082.

Step 3 · Assessed value

$285,800

Set at the last town-wide revaluation and mostly frozen since. That's $7,282 below what the ratio math suggests (2.5%).

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

$6,179/yr
Public schools$3,413
Cape May County$917
Town of Middle$1,849
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
16 S 9TH ST2025-02$461,0001,68453.3%
51 ACORN LANE2025-04$405,0002,00057.0%
706 BENNETT RD2026-02$350,0001,65060.7%
16 PARK AVE2026-01$350,0001,79258.9%
105 ELDREDGE AVE2025-11$460,0001,68050.3%
25 ACORN LANE2025-07$452,5001,79256.5%
29 ELDREDGE AVE2026-04$515,0001,50745.8%
115 RUTLEDGE RD2026-02$400,0001,85663.5%
1 KIMBLE AVE2025-07$490,0002,03274.2%
38 CYNWYD DRIVE2025-05$565,0001,89059.0%
1704 JACKSON ST2025-07$285,0001,78887.8%
6 EASY ST2026-03$440,0001,46251.5%

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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 →