The Fair Share Report

211 S Bayview Dr

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

≈ $680,378

Likely range $389,114 – $946,952, from 12 comparable Upper sales in the past 18 months, at this home's 2,475 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 $680,378 home should be assessed near $385,434.

Step 3 · Assessed value

$503,100

Set at the last town-wide revaluation and mostly frozen since. That's $117,666 above what the ratio math suggests (30.5%).

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

$11,762/yr
Public schools$8,422
Cape May County$1,691
Town of Upper$1,650
Upper average$6,686

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

Town median 55.3%
This home · 73.9%

36%135%

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
2334 RT 502025-12$330,0002,09963.4%
134 RT 492025-07$280,0002,35376.2%
903 S COMMONWEALTH2026-03$2,475,0002,26053.4%
17 E GOLDEN OAK LA2026-02$842,5002,20252.2%
612 S BAYVIEW DR2025-12$5,400,0002,84435.3%
1 W SHERMAN AVE2025-07$1,900,0002,97553.3%
36 E HOLLYWOOD LA2025-12$950,0002,59242.1%
116 NORTH SHORE RD2025-09$690,0002,51052.0%
11 REDWISH AVE2026-04$445,3172,09755.6%
14 LYNDHURST RD2026-04$515,0001,99244.2%
1 HARDING AVE2025-04$400,0003,00255.0%
35 VICTORIA LA2025-09$749,0002,51255.6%

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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 →