The Fair Share Report

14 E Mapleshade La

Upper, NJ 08223

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 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.

Step 3 · Assessed value

$149,300

Set at the last town-wide revaluation and mostly frozen since.

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

$3,607/yr
Public schools$2,583
Cape May County$518
Town of Upper$506
Upper average$6,686

The record, in full

Not enough closely-comparable recent sales in Upper for a fairness verdict — the town's current median assessment ratio is 55.3%.

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

AddressSoldPriceSq ftRatio
18 PACIFIC AVE2025-08$390,00091248.1%
34 E MAPLESHADE LA2025-10$350,00095153.1%
30 BRYAN RD2025-03$394,0001,10453.7%
125 TOWNSEND RD2025-10$320,00092459.3%

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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 →