The Fair Share Report

200 Washington Ave

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.

Step 1 · Market value

≈ $428,161

Likely range $352,911 – $615,238, 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 $428,161 home should be assessed near $242,553.

Step 3 · Assessed value

$302,500

Set at the last town-wide revaluation and mostly frozen since. That's $59,947 above what the ratio math suggests (24.7%).

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

$7,505/yr
Public schools$5,374
Cape May County$1,079
Town of Upper$1,053
Upper average$6,686

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

Town median 55.3%
This home · 70.7%

36%91%

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
78 TYLER RD2025-12$350,0002,11477.7%
15 E SUNRISE RD2025-04$395,0002,06063.6%
28 LUKE CT2026-02$420,0002,16564.3%
16 ELIZABETH LA2025-07$598,4452,15662.9%
11 WHIPPOORWILL DR2026-06$328,0001,94081.0%
22 RED CLOVER DR2026-06$640,0002,22050.1%
10 RED OAK DR2026-01$600,0002,43551.7%
10 RED OAK DR2025-10$432,0002,43571.8%
1450 STAGECOACH RD2025-05$489,0001,85450.0%
10 LUKE CT2025-07$568,5001,76459.0%
15 WHITE OAK DR2026-06$475,8852,16857.3%
3 FARM RD2025-12$650,0002,09745.4%

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 →