The Fair Share Report

21 E Webster Ave

Upper, NJ 08248

The town adjusts for market price changes once a year — but only based on the average price change of all homes in the area. This report checks whether this house's assessment kept pace.

This home's payments are about right

It sits inside Upper's normal range — market price changes haven't singled it out. No case for a tax appeal.

Step 1 · Market value

≈ $475,985

Likely range $326,180 – $2,099,206, 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 $475,985 home should be assessed near $269,646.

Step 3 · Assessed value

$447,500

Set at the last town-wide revaluation and mostly frozen since. That's $177,854 above what the ratio math suggests (66.0%).

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 $2.282 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$10,213/yr
Public schools$7,312
Cape May County$1,468
Town of Upper$1,432
Upper average$6,686

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

Town median 55.3%
This home · 94.0%

16%143%

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

AddressSoldPriceSq ftRatio
30 E WILLARD AVE2026-01$2,500,0001,50732.0%
14 TOWNSEND RD2026-02$275,0001,70669.7%
31 SEAVIEW AVE2025-04$535,0001,66451.5%
29 STANHOPE RD2025-08$330,0001,57867.7%
18 E WINTHROP AVE2026-04$1,850,0001,67437.4%
15 SEAVIEW AVE2025-07$540,0001,88243.1%
5 E SUMNER AVE2026-04$1,660,0001,60840.2%
14 ROBERTS AVE2025-02$350,0001,77653.6%
14 LYNDHURST RD2026-04$515,0001,99244.2%
1731 RT US 9 SO #952025-01$515,0001,84854.0%
58 RT 502025-01$425,0001,68054.8%
100 W SHERMAN AVE2026-05$1,250,0001,08832.5%

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