The Fair Share Report

17 E Willard Ave

Upper, NJ 08033

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

≈ $529,370

Likely range $455,377 – $600,665, 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 $529,370 home should be assessed near $299,888.

Step 3 · Assessed value

$676,800

Set at the last town-wide revaluation and mostly frozen since. That's $376,912 above what the ratio math suggests (125.7%).

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

$15,824/yr
Public schools$11,330
Cape May County$2,274
Town of Upper$2,219
Upper average$6,686

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

Town median 55.3%
This home · 127.9%

36%154%

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 $8,680/yr at stake. NJ appeals are generally due April 1.

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

AddressSoldPriceSq ftRatio
2334 RT 502025-12$330,0002,09963.4%
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%
17 E GOLDEN OAK LA2026-02$842,5002,20252.2%
26 E WEBSTER AVE2025-02$2,237,5002,31336.8%
14 TOWNSEND RD2026-02$275,0001,70669.7%
9 N COMMONWEALTH AVE2025-01$1,750,0002,29163.3%
14 LYNDHURST RD2026-04$515,0001,99244.2%
15 SEAVIEW AVE2025-07$540,0001,88243.1%

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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 →