The Fair Share Report

14 Allendale Rd

Upper, NJ 08233

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

≈ $449,591

Likely range $274,442 – $587,699, 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 $449,591 home should be assessed near $254,693.

Step 3 · Assessed value

$175,500

Set at the last town-wide revaluation and mostly frozen since. That's $79,193 below what the ratio math suggests (31.1%).

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%

This home's own bill implies $2.274 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$3,990/yr
Public schools$2,857
Cape May County$573
Town of Upper$560
Upper average$6,686

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

Town median 55.3%
This home · 39.0%

24%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
15 SEAVIEW AVE2025-07$540,0001,88243.1%
14 ROBERTS AVE2025-02$350,0001,77653.6%
14 TOWNSEND RD2026-02$275,0001,70669.7%
14 LYNDHURST RD2026-04$515,0001,99244.2%
31 SEAVIEW AVE2025-04$535,0001,66451.5%
16 HOLLYBERRY LA2025-10$610,0001,80850.2%
29 STANHOPE RD2025-08$330,0001,57867.7%
1 BLACK OAK DR2026-04$290,0001,78281.5%
44 WHITE OAK DR2025-11$493,9801,78249.5%
30 E WILLARD AVE2026-01$2,500,0001,50732.0%
125 NORTH SHORE RD2025-08$350,0001,95970.7%
125 NORTH SHORE RD2025-06$275,0001,95990.0%

Is this your house?

Run your own report →

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 →