The Fair Share Report

808 Hand Ave

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

≈ $530,876

Likely range $486,412 – $680,000, from 12 comparable Middle sales in the past 18 months, at this home's 2,560 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 $530,876 home should be assessed near $340,238.

Step 3 · Assessed value

$323,400

Set at the last town-wide revaluation and mostly frozen since. That's $16,838 below what the ratio math suggests (4.9%).

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

$6,992/yr
Public schools$3,862
Cape May County$1,038
Town of Middle$2,092
Middle average$5,374

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

Town median 56.7%
This home · 60.9%

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
302 RIDGE RD2025-05$450,0002,63458.1%
23 ACORN LANE2025-11$560,0002,36855.9%
16 SAND CASTLE DRIVE2025-07$680,0002,56059.8%
322 1ST AVE2025-05$680,0002,62255.8%
6 GALLOPING WAY2026-06$850,0002,72546.6%
116 DAVIS RD2025-02$365,0002,53675.7%
1123 STONE HARBOR BLVD2025-03$2,235,0002,73631.2%
51 ACORN LANE2025-04$405,0002,00057.0%
5 BENCHE COURT2025-09$399,9992,07470.9%
2 S 15TH ST2025-05$540,0002,60454.6%
7 TIMBERLEA LANE2025-06$505,0002,38858.7%
300 CH SO DENNIS RD2026-01$412,5002,17167.0%

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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 →