The Fair Share Report

26 E Willard Ave

Upper, NJ 08248

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

≈ $496,278

Likely range $355,528 – $743,362, 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 $496,278 home should be assessed near $281,141.

Step 3 · Assessed value

$825,700

Set at the last town-wide revaluation and mostly frozen since. That's $544,559 above what the ratio math suggests (193.7%).

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

$19,305/yr
Public schools$13,823
Cape May County$2,775
Town of Upper$2,708
Upper average$6,686

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

Town median 55.3%
This home · 166.4%

36%238%

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 $12,541/yr at stake. NJ appeals are generally due April 1.

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

AddressSoldPriceSq ftRatio
17 E GOLDEN OAK LA2026-02$842,5002,20252.2%
14 LYNDHURST RD2026-04$515,0001,99244.2%
15 SEAVIEW AVE2025-07$540,0001,88243.1%
14 TOWNSEND RD2026-02$275,0001,70669.7%
31 SEAVIEW AVE2025-04$535,0001,66451.5%
29 STANHOPE RD2025-08$330,0001,57867.7%
14 ROBERTS AVE2025-02$350,0001,77653.6%
727 RT 502025-06$470,0002,03953.0%
2334 RT 502025-12$330,0002,09963.4%
125 NORTH SHORE RD2025-08$350,0001,95970.7%
125 NORTH SHORE RD2025-06$275,0001,95990.0%
11 REDWISH AVE2026-04$445,3172,09755.6%

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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 →