The Fair Share Report

18 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

≈ $274,286

Likely range $245,581 – $298,435, from 12 comparable Upper sales in the past 18 months, at this home's 792 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 $274,286 home should be assessed near $155,383.

Step 3 · Assessed value

$471,400

Set at the last town-wide revaluation and mostly frozen since. That's $316,017 above what the ratio math suggests (203.4%).

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

$11,021/yr
Public schools$7,892
Cape May County$1,584
Town of Upper$1,546
Upper average$6,686

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

Town median 55.3%
This home · 171.9%

36%197%

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 $7,278/yr at stake. NJ appeals are generally due April 1.

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

AddressSoldPriceSq ftRatio
125 TOWNSEND RD2025-10$320,00092459.3%
100 W SHERMAN AVE2026-05$1,250,0001,08832.5%
34 E MAPLESHADE LA2025-10$350,00095153.1%
18 PACIFIC AVE2025-08$390,00091248.1%
20 CORSON TAVERN RD2025-05$320,0001,03251.9%
30 BRYAN RD2025-03$394,0001,10453.7%
599 FIRST AVE2026-04$425,0001,26050.5%
30 E WILLARD AVE2026-01$2,500,0001,50732.0%
29 STANHOPE RD2025-08$330,0001,57867.7%
14 TOWNSEND RD2026-02$275,0001,70669.7%
31 SEAVIEW AVE2025-04$535,0001,66451.5%
34 NORTH SHORE RD2025-01$450,0001,33245.8%

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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 →