The Fair Share Report
916 S Bayview Dr
Upper, NJ 08056
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 $425,000 – $1,300,746, from 12 comparable Upper sales in the past 18 months, at this home's 1,260 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 $486,111 home should be assessed near $275,382.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $908,218 above what the ratio math suggests (329.8%).
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%284%
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 $20,916/yr at stake. NJ appeals are generally due April 1.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 5 E SUMNER AVE | 2026-04 | $1,660,000 | 1,608 | 40.2% |
| 18 E WINTHROP AVE | 2026-04 | $1,850,000 | 1,674 | 37.4% |
| 100 W SHERMAN AVE | 2026-05 | $1,250,000 | 1,088 | 32.5% |
| 599 FIRST AVE | 2026-04 | $425,000 | 1,260 | 50.5% |
| 30 E WILLARD AVE | 2026-01 | $2,500,000 | 1,507 | 32.0% |
| 9 N COMMONWEALTH AVE | 2025-01 | $1,750,000 | 2,291 | 63.3% |
| 1609 RT 50 | 2025-04 | $150,000 | 1,456 | 76.1% |
| 26 E WEBSTER AVE | 2025-02 | $2,237,500 | 2,313 | 36.8% |
| 546 STAGECOACH RD | 2025-04 | $381,000 | 1,368 | 53.8% |
| 1731 RT US 9 SO #95 | 2025-01 | $515,000 | 1,848 | 54.0% |
| 530 NORTH SHORE RD | 2026-02 | $475,000 | 1,380 | 47.3% |
| 318 NORTH SHORE RD | 2025-04 | $500,000 | 1,296 | 40.5% |
Is this your house?
Run your own report →