The Fair Share Report

38 E Whittier Ave

Upper, NJ 07848

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

≈ $2,099,261

Likely range $539,044 – $3,461,704, 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 $2,099,261 home should be assessed near $1,189,231.

Step 3 · Assessed value

$1,236,900

Set at the last town-wide revaluation and mostly frozen since. That's $47,669 above what the ratio math suggests (4.0%).

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%

Step 5 · The bill

$28,919/yr
Public schools$20,706
Cape May County$4,156
Town of Upper$4,056
Upper average$6,686

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

Town median 55.3%
This home · 58.9%

30%235%

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
825 STAGECOACH RD2026-06$881,3302,87958.8%
2612 S COMMONWEALTH AVE2025-01$2,820,0002,76926.3%
1 W SHERMAN AVE2025-07$1,900,0002,97553.3%
33 E SUMNER AVE2025-03$3,100,0002,37233.2%
612 S BAYVIEW DR2025-12$5,400,0002,84435.3%
26 E WEBSTER AVE2025-02$2,237,5002,31336.8%
18 E VINCENT AVE2025-08$1,999,9992,90437.3%
103 TYLER RD2025-11$849,9003,49857.4%
9 N COMMONWEALTH AVE2025-01$1,750,0002,29163.3%
6 ELLA LAYNE2025-10$950,0003,38055.5%
4 MOCKINGBIRD LA2025-04$712,0003,03454.4%
1731 RT US 9 SO #282026-03$550,0002,00252.2%

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 →