The Fair Share Report

806 E Main Ave

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

≈ $471,124

Likely range $455,183 – $538,442, 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 $471,124 home should be assessed near $301,943.

Step 3 · Assessed value

$189,700

Set at the last town-wide revaluation and mostly frozen since. That's $112,243 below what the ratio math suggests (37.2%).

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

$3,961/yr
Public schools$2,188
Cape May County$588
Town of Middle$1,185
Middle average$5,374

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

Town median 56.7%
This home · 40.3%

30%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
20 WYNNDEMERE COURT2026-06$505,0001,51545.5%
105 TIMOTHY LANE2025-01$470,0001,58051.3%
18 PINE LANDING WAY2025-05$475,0001,59360.4%
10 CONOVERS LANE2025-08$529,9001,62655.2%
620 W MAIN ST2026-04$425,0001,50852.5%
19 LOMURNO LANE2026-01$500,0001,72550.9%
10 BROOK RIDGE RD2025-01$745,0001,56854.1%
600 VICK ST2026-02$445,0001,50451.7%
1407 FULTON ST2025-02$350,0001,53666.8%
2 SAND DOLLAR DRIVE2026-02$482,0001,80052.9%
8 MEADOWS EDGE DRIVE2026-04$401,9991,29961.4%
5 TIMBER LANE2026-01$535,0001,86454.0%

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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 →