The Fair Share Report

9 E Pacific 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

≈ $444,112

Likely range $416,812 – $512,252, 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 $444,112 home should be assessed near $284,631.

Step 3 · Assessed value

$233,200

Set at the last town-wide revaluation and mostly frozen since. That's $51,431 below what the ratio math suggests (18.1%).

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

$5,042/yr
Public schools$2,785
Cape May County$748
Town of Middle$1,509
Middle average$5,374

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

Town median 56.7%
This home · 52.5%

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
20 WYNNDEMERE COURT2026-06$505,0001,51545.5%
14 W ATLANTIC AVE2026-05$465,0001,43652.0%
600 VICK ST2026-02$445,0001,50451.7%
25 N 12TH ST2025-08$444,9001,58450.8%
15 LEONARDS LANE2025-07$1,699,0001,40433.1%
34 WYNNDEMERE COURT2025-03$415,0001,50156.6%
1100 MILLMAN BLVD2025-02$455,0001,44447.8%
102 PINE AVE2025-05$478,0001,34453.0%
9 BUCKNELL AVE2025-10$515,0001,42850.5%
29 FALKIRK DRIVE2025-06$515,0001,63645.8%
40 WYNNDEMERE COURT2026-05$415,0001,43354.0%
10 N 7TH ST2025-02$480,0001,66449.0%

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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 →