The Fair Share Report

24 Crestview Dr

Upper, NJ 08230

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

≈ $614,286

Likely range $386,660 – $682,740, 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 $614,286 home should be assessed near $347,993.

Step 3 · Assessed value

$422,700

Set at the last town-wide revaluation and mostly frozen since. That's $74,707 above what the ratio math suggests (21.5%).

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

$9,939/yr
Public schools$7,117
Cape May County$1,429
Town of Upper$1,394
Upper average$6,686

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

Town median 55.3%
This home · 68.8%

36%115%

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
16 ELIZABETH LA2025-07$598,4452,15662.9%
10 N MEADOW RIDGE LA2025-04$645,0002,42850.4%
28 LUKE CT2026-02$420,0002,16564.3%
19 CHADWYN DR2025-08$749,9002,50846.3%
6 W VENTNOR AVE2025-09$735,0002,28853.2%
57 SOMERS AVE2025-09$510,0002,47461.5%
15 E SUNRISE RD2025-04$395,0002,06063.6%
17 E SUNRISE RD2025-12$415,0002,36875.8%
4 HUNTINGTON LA2026-03$660,0002,00548.5%
78 TYLER RD2025-12$350,0002,11477.7%
22 RED CLOVER DR2026-06$640,0002,22050.1%
3 FARM RD2025-12$650,0002,09745.4%

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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 →