The Fair Share Report

36 E Hollywood La

Upper, NJ 08223

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

≈ $558,262

Likely range $449,174 – $643,709, from 12 comparable Upper sales in the past 18 months, at this home's 2,592 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 $558,262 home should be assessed near $316,255.

Step 3 · Assessed value

$400,000

Set at the last town-wide revaluation and mostly frozen since. That's $83,745 above what the ratio math suggests (26.5%).

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

$9,664/yr
Public schools$6,920
Cape May County$1,389
Town of Upper$1,355
Upper average$6,686

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

Town median 55.3%
This home · 71.7%

36%95%

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
23 FOXBOROUGH RD2026-06$587,5002,98255.0%
1 HARDING AVE2025-04$400,0003,00255.0%
35 VICTORIA LA2025-09$749,0002,51255.6%
18 E KATHARINE AVE2025-05$600,0002,41650.3%
46 VICTORIA LA2026-06$625,0002,55366.8%
11 INLET TER2025-02$560,0002,75455.9%
815 SEASOUNDS AVE2025-05$525,0002,02447.1%
11 WILKIE BLVD2025-11$407,0001,93561.0%
4 DANA AVE2025-07$595,0002,52354.8%
116 NORTH SHORE RD2025-09$690,0002,51052.0%
313 W QUAIL DR2025-05$399,0003,11164.9%
6 BLACK OAK DR2026-06$340,0001,96273.8%

Is this your house?

Run your own report →

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 →