The Fair Share Report

15 Linnette Dr

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 1 · Market value

≈ $500,087

Likely range $431,817 – $539,626, 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 $500,087 home should be assessed near $283,299.

Step 3 · Assessed value

$259,000

Set at the last town-wide revaluation and mostly frozen since. That's $24,299 below what the ratio math suggests (8.6%).

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

$6,257/yr
Public schools$4,480
Cape May County$899
Town of Upper$878
Upper average$6,686

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

Town median 55.3%
This home · 51.8%

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
12 ASHCROFT AVE2026-01$553,0001,94350.1%
90 SCHOOL HOUSE LA2025-05$495,0001,84546.6%
10 MEADOWLARK RD2026-05$469,0001,85649.4%
3 BEESLEYS PL2026-05$445,0001,95056.2%
656 STAGECOACH RD2025-05$610,0001,91441.6%
705 RT US 9 SO2026-01$499,9001,85047.6%
11 WHIPPOORWILL DR2026-06$328,0001,94081.0%
10 WILLIAMS WAY2026-05$485,0002,07461.2%
1731 RT US 9 SO #952025-01$515,0001,84854.0%
6 SEASOUNDS AVE2026-05$371,0001,75261.9%
22 RED CLOVER DR2026-06$640,0002,22050.1%
1731 RT US 9 SO #282026-03$550,0002,00252.2%

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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 →