The Fair Share Report

9 3rd 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

≈ $333,726

Likely range $285,264 – $423,601, 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 $333,726 home should be assessed near $213,885.

Step 3 · Assessed value

$176,800

Set at the last town-wide revaluation and mostly frozen since. That's $37,085 below what the ratio math suggests (17.3%).

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

$3,822/yr
Public schools$2,111
Cape May County$567
Town of Middle$1,144
Middle average$5,374

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

Town median 56.7%
This home · 53.0%

36%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
57 WYNNDEMERE COURT2025-10$440,0001,11446.6%
102 SCHOOLHOUSE LANE #22025-03$300,0001,15276.9%
5 VICTORY DRIVE2026-01$400,0001,35858.6%
8 N 9TH ST2025-01$405,0001,12547.1%
12 S 2ND AVE2025-05$350,0001,24852.9%
35 WYNNDEMERE COURT2025-04$425,0001,14148.6%
316 3RD AVE2025-01$264,0001,10464.5%
90 WYNNDEMERE COURT2025-11$449,0001,33847.9%
88 WYNNDEMERE COURT2025-06$434,9001,31950.6%
6 WAYNE AVE2025-10$290,0001,20068.1%
1 CYPRESS COURT2025-06$399,9001,31152.0%
42 W SHELLBAY AVE2025-02$250,0001,03298.8%

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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 →