The Fair Share Report

13 Redwish Ave

Upper, NJ 08226

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

≈ $412,294

Likely range $384,342 – $466,216, from 12 comparable Upper sales in the past 18 months, at this home's 1,380 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 $412,294 home should be assessed near $233,565.

Step 3 · Assessed value

$234,800

Set at the last town-wide revaluation and mostly frozen since. That's $1,235 above what the ratio math suggests (0.5%).

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

$5,673/yr
Public schools$4,062
Cape May County$815
Town of Upper$796
Upper average$6,686

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

Town median 55.3%
This home · 56.9%

36%79%

Paying about right

This home's ratio lands inside Upper'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
202 PACIFIC AVE2025-06$379,9001,39856.4%
546 STAGECOACH RD2025-04$381,0001,36853.8%
604 KEATS AVE2025-08$435,0001,45655.5%
34 NORTH SHORE RD2025-01$450,0001,33245.8%
344 ESSEX AVE2026-04$410,0001,46451.8%
8 REDWISH AVE2025-06$675,0001,54641.8%
740 EAST DR2025-09$385,0001,37650.3%
599 FIRST AVE2026-04$425,0001,26050.5%
318 NORTH SHORE RD2025-04$500,0001,29640.5%
530 NORTH SHORE RD2026-02$475,0001,38047.3%
30 BRYAN RD2025-03$394,0001,10453.7%
16 HOLLYBERRY LA2025-10$610,0001,80850.2%

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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 →