The Fair Share Report

100 S Commonwealth Ave

Upper, NJ 08057

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

≈ $444,076

Likely range $361,728 – $579,509, from 12 comparable Upper sales in the past 18 months (home size estimated from assessor data — range widened).

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 $444,076 home should be assessed near $251,569.

Step 3 · Assessed value

$591,000

Set at the last town-wide revaluation and mostly frozen since. That's $339,431 above what the ratio math suggests (134.9%).

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

$13,818/yr
Public schools$9,894
Cape May County$1,986
Town of Upper$1,938
Upper average$6,686

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

Town median 55.3%
This home · 133.1%

36%169%

Looks meaningfully over-assessed

Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (65.15%) — roughly $7,817/yr at stake. NJ appeals are generally due April 1.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
14 LYNDHURST RD2026-04$515,0001,99244.2%
15 SEAVIEW AVE2025-07$540,0001,88243.1%
140 PERRY RD2025-08$650,0001,79250.9%
14 ROBERTS AVE2025-02$350,0001,77653.6%
320 DENNS/PTSBG RD2026-06$485,0002,15363.3%
11 WILKIE BLVD2025-11$407,0001,93561.0%
58 RT 502025-01$425,0001,68054.8%
6 BLACK OAK DR2026-06$340,0001,96273.8%
727 RT 502025-06$470,0002,03953.0%
815 SEASOUNDS AVE2025-05$525,0002,02447.1%
45 EVERGREEN DR2025-09$445,0001,92649.1%
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 →