The Fair Share Report
15 Stephen Dr
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $662,159 – $830,463, from 12 comparable Upper sales in the past 18 months, at this home's 3,418 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Upper assessments sit below market value — republished every October, applied town-wide. A $780,978 home should be assessed near $442,424.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $77,576 above what the ratio math suggests (17.5%).
Step 4 · The tax rate — same for every Upper home
$1.649 Schools · 72% $0.331 County · 14% $0.323 Town · 14%
Step 5 · The bill
This home vs. every recent Upper sale · assessed ÷ market
36%84%
A touch high — worth watching
This home's ratio sits above most of Upper, but doesn't clear NJ's legal appeal line (65.15%).
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 825 STAGECOACH RD | 2026-06 | $881,330 | 2,879 | 58.8% |
| 103 TYLER RD | 2025-11 | $849,900 | 3,498 | 57.4% |
| 24 SUNSET DR | 2025-05 | $595,000 | 4,068 | 73.1% |
| 47 N SUNSET DR | 2025-08 | $547,000 | 2,888 | 59.1% |
| 9 HARRYS CT | 2025-05 | $820,000 | 3,502 | 56.2% |
| 10 RED CLOVER DR | 2025-05 | $785,000 | 3,217 | 47.7% |
| 2 ERICA LA | 2025-05 | $615,000 | 3,082 | 54.1% |
| 10 BERWYN DR | 2025-07 | $665,000 | 2,962 | 61.2% |
| 30 CRESTVIEW DR | 2025-03 | $695,000 | 3,024 | 64.5% |
| 17 DEERFIELD TRL | 2026-01 | $640,000 | 2,801 | 57.2% |
| 17 DEERFIELD TRL | 2025-03 | $640,000 | 2,801 | 57.2% |
| 313 W QUAIL DR | 2025-05 | $399,000 | 3,111 | 64.9% |
Is this your house?
Run your own report →