The Fair Share Report

9 E Mechanic St

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

≈ $411,782

Likely range $252,665 – $461,369, 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 $411,782 home should be assessed near $263,911.

Step 3 · Assessed value

$245,900

Set at the last town-wide revaluation and mostly frozen since. That's $18,011 below what the ratio math suggests (6.8%).

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

$5,316/yr
Public schools$2,937
Cape May County$789
Town of Middle$1,591
Middle average$5,374

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

Town median 56.7%
This home · 59.7%

39%103%

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
300 HAND AVE2026-05$276,0001,61457.8%
24 E BOARDWALK GS2025-02$300,0001,69790.6%
515 RTE 47 S2026-01$250,0001,24669.5%
12 LEHIGH AVE2025-04$255,0001,39470.3%
15 LEONARDS LANE2025-07$1,699,0001,40433.1%
161 LEE LANE2025-05$372,0001,40449.6%
1444 BURLEIGH AVE2025-04$445,0001,40448.7%
416 GOSHEN RD2026-02$420,0001,40856.6%
506 HAND AVE2026-01$340,0001,41657.2%
9 BUCKNELL AVE2025-10$515,0001,42850.5%
40 WYNNDEMERE COURT2026-05$415,0001,43354.0%
14 W ATLANTIC AVE2026-05$465,0001,43652.0%

Is this your house?

Run your own report →

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 →