The Fair Share Report

9 Ryan Ln

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

≈ $406,416

Likely range $371,700 – $438,207, from 12 comparable Middle sales in the past 18 months, at this home's 1,416 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 $406,416 home should be assessed near $260,472.

Step 3 · Assessed value

$248,400

Set at the last town-wide revaluation and mostly frozen since. That's $12,072 below what the ratio math suggests (4.6%).

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

$5,370/yr
Public schools$2,966
Cape May County$797
Town of Middle$1,607
Middle average$5,374

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

Town median 56.7%
This home · 61.1%

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
105 TIMOTHY LANE2025-01$470,0001,58051.3%
416 GOSHEN RD2026-02$420,0001,40856.6%
1407 FULTON ST2025-02$350,0001,53666.8%
8 MEADOWS EDGE DRIVE2026-04$401,9991,29961.4%
29 LOCUST LANE2026-04$380,0001,33662.8%
20 WYNNDEMERE COURT2026-06$505,0001,51545.5%
28 FISHING CREEK RD2025-03$315,0001,20073.4%
19 LOMURNO LANE2026-01$500,0001,72550.9%
10 CONOVERS LANE2025-08$529,9001,62655.2%
102 SCHOOLHOUSE LANE #22025-03$300,0001,15276.9%
79 SIEGTOWN RD2026-01$400,0001,23254.6%
5 TIMBER LANE2026-01$535,0001,86454.0%

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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 →