The Fair Share Report

105 Tyler Rd

Upper, NJ 08270

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

≈ $802,673

Likely range $706,661 – $844,682, from 12 comparable Upper sales in the past 18 months, at this home's 3,428 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 $802,673 home should be assessed near $454,714.

Step 3 · Assessed value

$335,000

Set at the last town-wide revaluation and mostly frozen since. That's $119,714 below what the ratio math suggests (26.3%).

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

$8,094/yr
Public schools$5,795
Cape May County$1,163
Town of Upper$1,135
Upper average$6,686

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

Town median 55.3%
This home · 41.7%

34%79%

Keep quiet and enjoy it

This home's assessment ratio sits below the Upper pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.

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

AddressSoldPriceSq ftRatio
9 HARRYS CT2025-05$820,0003,50256.2%
10 BERWYN DR2025-07$665,0002,96261.2%
30 CRESTVIEW DR2025-03$695,0003,02464.5%
4 MOCKINGBIRD LA2025-04$712,0003,03454.4%
6 LUKE CT2025-12$525,0002,71069.9%
2 ERICA LA2025-05$615,0003,08254.1%
10 RED CLOVER DR2025-05$785,0003,21747.7%
13 SOMERS AVE2026-06$591,0002,74458.7%
313 W QUAIL DR2025-05$399,0003,11164.9%
15 ALEXANDRIA CT2025-01$850,0002,78158.8%
57 SOMERS AVE2025-09$510,0002,47461.5%
6 ELLA LAYNE2025-10$950,0003,38055.5%

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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 →