The Fair Share Report

13 E Sumner Ave

Upper, NJ 08248

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

≈ $489,361

Likely range $403,182 – $675,460, 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 $489,361 home should be assessed near $277,223.

Step 3 · Assessed value

$435,300

Set at the last town-wide revaluation and mostly frozen since. That's $158,077 above what the ratio math suggests (57.0%).

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

$10,177/yr
Public schools$7,287
Cape May County$1,463
Town of Upper$1,427
Upper average$6,686

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

Town median 55.3%
This home · 89.0%

36%113%

A touch high — worth watching

This home's ratio sits above most of Upper, but doesn't clear NJ's legal appeal line (65.15%).

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

AddressSoldPriceSq ftRatio
30 E WILLARD AVE2026-01$2,500,0001,50732.0%
14 TOWNSEND RD2026-02$275,0001,70669.7%
15 SEAVIEW AVE2025-07$540,0001,88243.1%
14 ROBERTS AVE2025-02$350,0001,77653.6%
31 SEAVIEW AVE2025-04$535,0001,66451.5%
18 E WINTHROP AVE2026-04$1,850,0001,67437.4%
29 STANHOPE RD2025-08$330,0001,57867.7%
5 E SUMNER AVE2026-04$1,660,0001,60840.2%
14 LYNDHURST RD2026-04$515,0001,99244.2%
1731 RT US 9 SO #952025-01$515,0001,84854.0%
16 HOLLYBERRY LA2025-10$610,0001,80850.2%
140 PERRY RD2025-08$650,0001,79250.9%

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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 →