The Fair Share Report

2 Berwyn 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.

Step 1 · Market value

≈ $437,437

Likely range $354,779 – $591,593, 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 $437,437 home should be assessed near $247,808.

Step 3 · Assessed value

$374,700

Set at the last town-wide revaluation and mostly frozen since. That's $126,892 above what the ratio math suggests (51.2%).

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

$9,053/yr
Public schools$6,482
Cape May County$1,301
Town of Upper$1,270
Upper average$6,686

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

Town median 55.3%
This home · 85.7%

36%111%

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)

AddressSoldPriceSq ftRatio
78 TYLER RD2025-12$350,0002,11477.7%
1450 STAGECOACH RD2025-05$489,0001,85450.0%
17 E SUNRISE RD2025-12$415,0002,36875.8%
15 E SUNRISE RD2025-04$395,0002,06063.6%
28 LUKE CT2026-02$420,0002,16564.3%
10 RED OAK DR2026-01$600,0002,43551.7%
10 RED OAK DR2025-10$432,0002,43571.8%
16 ELIZABETH LA2025-07$598,4452,15662.9%
3121 RT US 9 SO2026-06$480,0002,12055.8%
15 WHITE OAK DR2026-06$475,8852,16857.3%
4 HUNTINGTON LA2026-03$660,0002,00548.5%
781 RT 502025-12$220,0002,240100.5%

Is this your house?

Run your own report →

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 →