The Fair Share Report

14 E Webster Ave Unit B

Upper, NJ 07410

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

≈ $438,730

Likely range $327,587 – $501,788, 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 $438,730 home should be assessed near $248,541.

Step 3 · Assessed value

$217,100

Set at the last town-wide revaluation and mostly frozen since. That's $31,441 below what the ratio math suggests (12.7%).

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

$5,076/yr
Public schools$3,634
Cape May County$730
Town of Upper$712
Upper average$6,686

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

Town median 55.3%
This home · 49.5%

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
1731 RT US 9 SO #952025-01$515,0001,84854.0%
14 TOWNSEND RD2026-02$275,0001,70669.7%
1731 RT US 9 SO #282026-03$550,0002,00252.2%
1731 RT US 9 SO #252026-03$519,0002,00255.3%
1731 RT US 9 SO #412025-07$480,0002,00262.4%
1731 RT US 9 SO #282025-06$525,0002,00254.6%
1731 RT US 9 SO #1222025-03$475,0002,00260.4%
31 SEAVIEW AVE2025-04$535,0001,66451.5%
58 RT 502025-01$425,0001,68054.8%
14 ROBERTS AVE2025-02$350,0001,77653.6%
140 PERRY RD2025-08$650,0001,79250.9%
1611 RT 502025-10$200,0001,57962.6%

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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 →