The Fair Share Report

900 S Bayview Dr

Upper, NJ 08086

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

≈ $455,907

Likely range $394,925 – $1,463,856, from 12 comparable Upper sales in the past 18 months, at this home's 1,418 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 $455,907 home should be assessed near $258,271.

Step 3 · Assessed value

$1,358,600

Set at the last town-wide revaluation and mostly frozen since. That's $1,100,329 above what the ratio math suggests (426.0%).

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

$31,764/yr
Public schools$22,744
Cape May County$4,565
Town of Upper$4,455
Upper average$6,686

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

Town median 55.3%
This home · 298.0%

36%349%

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 $25,341/yr at stake. NJ appeals are generally due April 1.

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

AddressSoldPriceSq ftRatio
30 E WILLARD AVE2026-01$2,500,0001,50732.0%
100 W SHERMAN AVE2026-05$1,250,0001,08832.5%
29 STANHOPE RD2025-08$330,0001,57867.7%
5 E SUMNER AVE2026-04$1,660,0001,60840.2%
599 FIRST AVE2026-04$425,0001,26050.5%
31 SEAVIEW AVE2025-04$535,0001,66451.5%
14 TOWNSEND RD2026-02$275,0001,70669.7%
740 EAST DR2025-09$385,0001,37650.3%
13 REDWISH AVE2025-01$520,0001,38045.1%
546 STAGECOACH RD2025-04$381,0001,36853.8%
18 E WINTHROP AVE2026-04$1,850,0001,67437.4%
202 PACIFIC AVE2025-06$379,9001,39856.4%

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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 →