The Fair Share Report

1 Ortlieb La

Upper, NJ 08230

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

≈ $487,952

Likely range $345,022 – $565,671, from 12 comparable Upper sales in the past 18 months (home size estimated from assessor data — range widened).

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 $487,952 home should be assessed near $276,425.

Step 3 · Assessed value

$302,500

Set at the last town-wide revaluation and mostly frozen since. That's $26,075 above what the ratio math suggests (9.4%).

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

$7,302/yr
Public schools$5,229
Cape May County$1,050
Town of Upper$1,024
Upper average$6,686

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

Town median 55.3%
This home · 62.0%

36%93%

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)

AddressSoldPriceSq ftRatio
10 MEADOWLARK RD2026-05$469,0001,85649.4%
11 WHIPPOORWILL DR2026-06$328,0001,94081.0%
12 ASHCROFT AVE2026-01$553,0001,94350.1%
22 RED CLOVER DR2026-06$640,0002,22050.1%
3 BEESLEYS PL2026-05$445,0001,95056.2%
15 E SUNRISE RD2025-04$395,0002,06063.6%
90 SCHOOL HOUSE LA2025-05$495,0001,84546.6%
8 SHEILA AVE2025-10$410,0001,68456.3%
28 LUKE CT2026-02$420,0002,16564.3%
656 STAGECOACH RD2025-05$610,0001,91441.6%
43 WEXTON DR2025-07$399,0001,75861.2%
10 LUKE CT2025-07$568,5001,76459.0%

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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 →