The Fair Share Report
97 Harbor Rd
Upper, NJ 08318
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 $517,120 – $658,153, from 12 comparable Upper sales in the past 18 months (home size estimated from assessor data — range widened).
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 $570,052 home should be assessed near $322,934.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $669,166 above what the ratio math suggests (207.2%).
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%197%
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 $15,411/yr at stake. NJ appeals are generally due April 1.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 1054 RT US 9 SO | 2025-06 | $567,750 | 2,615 | 63.5% |
| 4 DANA AVE | 2025-07 | $595,000 | 2,523 | 54.8% |
| 10 RED OAK DR | 2026-01 | $600,000 | 2,435 | 51.7% |
| 10 RED OAK DR | 2025-10 | $432,000 | 2,435 | 71.8% |
| 13 SOMERS AVE | 2026-06 | $591,000 | 2,744 | 58.7% |
| 527 NORTH SHORE RD | 2025-11 | $528,000 | 3,201 | 64.5% |
| 36 E HOLLYWOOD LA | 2025-12 | $950,000 | 2,592 | 42.1% |
| 80 CORSON TAVERN RD | 2025-07 | $730,000 | 2,589 | 62.5% |
| 15 WHITE OAK DR | 2026-06 | $475,885 | 2,168 | 57.3% |
| 11 INLET TER | 2025-02 | $560,000 | 2,754 | 55.9% |
| 18 E KATHARINE AVE | 2025-05 | $600,000 | 2,416 | 50.3% |
| 6 LUKE CT | 2025-12 | $525,000 | 2,710 | 69.9% |
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