The Fair Share Report

5 E Whittier Ave

Upper, NJ 08057

The town adjusts for market price changes once a year — but only based on the average price change of all homes in the area. This report checks whether this house's assessment kept pace.

This home's payments are about right

It sits inside Upper's normal range — market price changes haven't singled it out. No case for a tax appeal.

Step 1 · Market value

≈ $672,248

Likely range $569,293 – $2,236,446, from 12 comparable Upper sales in the past 18 months, at this home's 2,196 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 $672,248 home should be assessed near $380,828.

Step 3 · Assessed value

$530,500

Set at the last town-wide revaluation and mostly frozen since. That's $149,672 above what the ratio math suggests (39.3%).

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

$12,403/yr
Public schools$8,881
Cape May County$1,783
Town of Upper$1,740
Upper average$6,686

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

Town median 55.3%
This home · 78.9%

18%99%

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

AddressSoldPriceSq ftRatio
33 E SUMNER AVE2025-03$3,100,0002,37233.2%
1731 RT US 9 SO #282026-03$550,0002,00252.2%
1731 RT US 9 SO #252026-03$519,0002,00255.3%
1731 RT US 9 SO #412025-07$480,0002,00262.4%
1731 RT US 9 SO #282025-06$525,0002,00254.6%
1731 RT US 9 SO #1222025-03$475,0002,00260.4%
9 N COMMONWEALTH AVE2025-01$1,750,0002,29163.3%
26 E WEBSTER AVE2025-02$2,237,5002,31336.8%
1731 RT US 9 SO #952025-01$515,0001,84854.0%
18 E WINTHROP AVE2026-04$1,850,0001,67437.4%
825 STAGECOACH RD2026-06$881,3302,87958.8%
2612 S COMMONWEALTH AVE2025-01$2,820,0002,76926.3%

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