The Fair Share Report

1 Harding Ave

Upper, NJ 08223

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

≈ $637,502

Likely range $536,345 – $918,983, from 12 comparable Upper sales in the past 18 months, at this home's 3,002 sq ft.

Step 2 · The Director's Ratio

56.65%

The state's official measure of how far Upper assessments sit below market value — republished every October, applied town-wide. A $637,502 home should be assessed near $361,145.

Step 3 · Assessed value

$219,900

Set at the last town-wide revaluation and mostly frozen since. That's $141,245 below what the ratio math suggests (39.1%).

Step 4 · The tax rate — same for every Upper home

$2.303 per $100 assessed

$1.649 Schools · 72% $0.331 County · 14% $0.323 Town · 14%

Step 5 · The bill

$5,313/yr
Public schools$3,804
Cape May County$764
Town of Upper$745
Upper average$6,686

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

Town median 55.3%
This home · 34.5%

18%79%

Keep quiet and enjoy it

This home's assessment ratio sits below the Upper 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
23 FOXBOROUGH RD2026-06$587,5002,98255.0%
36 E HOLLYWOOD LA2025-12$950,0002,59242.1%
313 W QUAIL DR2025-05$399,0003,11164.9%
527 NORTH SHORE RD2025-11$528,0003,20164.5%
1 W SHERMAN AVE2025-07$1,900,0002,97553.3%
612 S BAYVIEW DR2025-12$5,400,0002,84435.3%
825 STAGECOACH RD2026-06$881,3302,87958.8%
10 RED CLOVER DR2025-05$785,0003,21747.7%
11 INLET TER2025-02$560,0002,75455.9%
2 ERICA LA2025-05$615,0003,08254.1%
11 REDWISH AVE2026-04$445,3172,09755.6%
125 NORTH SHORE RD2025-08$350,0001,95970.7%

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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 →