The Fair Share Report

20 Bryan Rd

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

≈ $399,004

Likely range $281,133 – $458,570, 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 $399,004 home should be assessed near $226,036.

Step 3 · Assessed value

$196,200

Set at the last town-wide revaluation and mostly frozen since. That's $29,836 below what the ratio math suggests (13.2%).

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

$4,490/yr
Public schools$3,215
Cape May County$645
Town of Upper$630
Upper average$6,686

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

Town median 55.3%
This home · 49.2%

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
151 READING AVE2025-05$305,0001,72857.8%
2090 RT 502025-10$270,0001,74469.2%
1233 RT US 9 SO2025-12$225,0001,36080.5%
238 MARSHALLVILLE RD2025-05$367,5001,47956.6%
147 READING AVE2025-03$308,0001,60867.6%
727 RT 502025-06$470,0002,03953.0%
6 SEASOUNDS AVE2026-05$371,0001,75261.9%
90 SCHOOL HOUSE LA2025-05$495,0001,84546.6%
705 RT US 9 SO2026-01$499,9001,85047.6%
601 SECOND AVE2025-12$430,0001,66863.5%
58 RT 502025-01$425,0001,68054.8%
1611 RT 502025-10$200,0001,57962.6%

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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 →