The Fair Share Report
8 Redwish Ave
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $398,549 – $497,106, from 12 comparable Upper sales in the past 18 months, at this home's 1,546 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Upper assessments sit below market value — republished every October, applied town-wide. A $430,575 home should be assessed near $243,921.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $38,479 above what the ratio math suggests (15.8%).
Step 4 · The tax rate — same for every Upper home
$1.649 Schools · 72% $0.331 County · 14% $0.323 Town · 14%
Step 5 · The bill
This home vs. every recent Upper sale · assessed ÷ market
36%79%
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 344 ESSEX AVE | 2026-04 | $410,000 | 1,464 | 51.8% |
| 202 PACIFIC AVE | 2025-06 | $379,900 | 1,398 | 56.4% |
| 16 HOLLYBERRY LA | 2025-10 | $610,000 | 1,808 | 50.2% |
| 13 REDWISH AVE | 2025-01 | $520,000 | 1,380 | 45.1% |
| 604 KEATS AVE | 2025-08 | $435,000 | 1,456 | 55.5% |
| 546 STAGECOACH RD | 2025-04 | $381,000 | 1,368 | 53.8% |
| 44 WHITE OAK DR | 2025-11 | $493,980 | 1,782 | 49.5% |
| 46 CHURCH RD | 2025-11 | $435,000 | 1,512 | 56.9% |
| 125 NORTH SHORE RD | 2025-08 | $350,000 | 1,959 | 70.7% |
| 125 NORTH SHORE RD | 2025-06 | $275,000 | 1,959 | 90.0% |
| 1451 JOSEPH AVE | 2025-05 | $600,000 | 1,866 | 38.3% |
| 1 BLACK OAK DR | 2026-04 | $290,000 | 1,782 | 81.5% |
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