The Fair Share Report

9 Eldredge Ave

Middle, NJ 08322

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

≈ $415,442

Likely range $390,090 – $461,131, from 12 comparable Middle sales in the past 18 months, at this home's 1,238 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 $415,442 home should be assessed near $266,257.

Step 3 · Assessed value

$190,100

Set at the last town-wide revaluation and mostly frozen since. That's $76,157 below what the ratio math suggests (28.6%).

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

$4,338/yr
Public schools$2,396
Cape May County$644
Town of Middle$1,298
Middle average$5,374

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

Town median 56.7%
This home · 45.8%

36%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
102 PINE AVE2025-05$478,0001,34453.0%
69 BEACH AVE2026-03$800,0001,24838.4%
35 WYNNDEMERE COURT2025-04$425,0001,14148.6%
15 LEONARDS LANE2025-07$1,699,0001,40433.1%
57 WYNNDEMERE COURT2025-10$440,0001,11446.6%
8 N 9TH ST2025-01$405,0001,12547.1%
14 W ATLANTIC AVE2026-05$465,0001,43652.0%
88 WYNNDEMERE COURT2025-06$434,9001,31950.6%
1100 MILLMAN BLVD2025-02$455,0001,44447.8%
90 WYNNDEMERE COURT2025-11$449,0001,33847.9%
40 WYNNDEMERE COURT2026-05$415,0001,43354.0%
102 SCHOOLHOUSE LANE #22025-03$300,0001,15276.9%

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 →