The Fair Share Report

113 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

≈ $276,818

Likely range $243,968 – $309,148, from 12 comparable Upper sales in the past 18 months, at this home's 840 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 $276,818 home should be assessed near $156,817.

Step 3 · Assessed value

$175,200

Set at the last town-wide revaluation and mostly frozen since. That's $18,383 above what the ratio math suggests (11.7%).

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

$4,233/yr
Public schools$3,031
Cape May County$608
Town of Upper$594
Upper average$6,686

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

Town median 55.3%
This home · 63.3%

36%79%

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
3085 RT US 9 SO2025-10$300,0001,00059.4%
18 PACIFIC AVE2025-08$390,00091248.1%
7 W KATHARINE AVE2025-09$450,0001,34048.1%
491 DENNS/PTSBG RD2025-06$484,5001,50744.6%
618 RT US 9 SO2025-04$430,0001,54057.8%
124 BUTTER RD2026-03$325,0001,11960.8%
1609 RT 502025-04$150,0001,45676.1%
109 OCEAN AVE2025-10$386,0001,13646.6%
34 E MAPLESHADE LA2025-10$350,00095153.1%
1515 RT US 9 SO2025-05$500,0001,35240.8%
230 STAGECOACH RD2026-03$625,0001,50238.8%
71 PERRY RD2025-10$485,0001,53661.1%

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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 →