The Fair Share Report
2085 Rt 50
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 $509,223 – $721,867, from 12 comparable Upper sales in the past 18 months, at this home's 2,421 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 $601,242 home should be assessed near $340,604.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $149,904 below what the ratio math suggests (44.0%).
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
21%79%
Keep quiet and enjoy it
This home's assessment ratio sits below the Upper pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 134 RT 49 | 2025-07 | $280,000 | 2,353 | 76.2% |
| 2334 RT 50 | 2025-12 | $330,000 | 2,099 | 63.4% |
| 116 NORTH SHORE RD | 2025-09 | $690,000 | 2,510 | 52.0% |
| 36 E HOLLYWOOD LA | 2025-12 | $950,000 | 2,592 | 42.1% |
| 35 VICTORIA LA | 2025-09 | $749,000 | 2,512 | 55.6% |
| 18 E KATHARINE AVE | 2025-05 | $600,000 | 2,416 | 50.3% |
| 46 VICTORIA LA | 2026-06 | $625,000 | 2,553 | 66.8% |
| 145 ALLENDALE RD | 2026-03 | $640,000 | 2,258 | 54.4% |
| 727 RT 50 | 2025-06 | $470,000 | 2,039 | 53.0% |
| 10 WILLIAMS WAY | 2026-05 | $485,000 | 2,074 | 61.2% |
| 418 NORTH SHORE RD | 2025-06 | $470,000 | 1,486 | 48.6% |
| 23 FOXBOROUGH RD | 2026-06 | $587,500 | 2,982 | 55.0% |
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