The Fair Share Report
180 Perry 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $236,547 – $351,515, from 12 comparable Upper sales in the past 18 months, at this home's 1,015 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 $314,729 home should be assessed near $178,294.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $12,894 below what the ratio math suggests (7.2%).
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%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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 124 BUTTER RD | 2026-03 | $325,000 | 1,119 | 60.8% |
| 20 CORSON TAVERN RD | 2025-05 | $320,000 | 1,032 | 51.9% |
| 3085 RT US 9 SO | 2025-10 | $300,000 | 1,000 | 59.4% |
| 1611 RT 50 | 2025-10 | $200,000 | 1,579 | 62.6% |
| 1233 RT US 9 SO | 2025-12 | $225,000 | 1,360 | 80.5% |
| 100 BAYVIEW AVE | 2026-01 | $440,000 | 1,118 | 47.5% |
| 147 READING AVE | 2025-03 | $308,000 | 1,608 | 67.6% |
| 7 W KATHARINE AVE | 2025-09 | $450,000 | 1,340 | 48.1% |
| 100 W SHERMAN AVE | 2026-05 | $1,250,000 | 1,088 | 32.5% |
| 58 RT 50 | 2025-01 | $425,000 | 1,680 | 54.8% |
| 83 RT 50 | 2026-04 | $435,000 | 1,320 | 49.3% |
| 1515 RT US 9 SO | 2025-05 | $500,000 | 1,352 | 40.8% |
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