The Fair Share Report

221 Mackey 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

≈ $353,492

Likely range $304,379 – $374,014, from 12 comparable Upper sales in the past 18 months, at this home's 1,048 sq ft.

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 $353,492 home should be assessed near $200,253.

Step 3 · Assessed value

$112,300

Set at the last town-wide revaluation and mostly frozen since. That's $87,953 below what the ratio math suggests (43.9%).

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

$2,786/yr
Public schools$1,995
Cape May County$400
Town of Upper$391
Upper average$6,686

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

Town median 55.3%
This home · 31.8%

25%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)

AddressSoldPriceSq ftRatio
100 BAYVIEW AVE2026-01$440,0001,11847.5%
20 CORSON TAVERN RD2025-05$320,0001,03251.9%
9 SLEEPY HOLLOW RD2025-06$275,0001,18073.2%
124 BUTTER RD2026-03$325,0001,11960.8%
34 E MAPLESHADE LA2025-10$350,00095153.1%
740 EAST DR2025-09$385,0001,37650.3%
109 OCEAN AVE2025-10$386,0001,13646.6%
34 NORTH SHORE RD2025-01$450,0001,33245.8%
30 BRYAN RD2025-03$394,0001,10453.7%
18 PACIFIC AVE2025-08$390,00091248.1%
83 RT 502026-04$435,0001,32049.3%
599 FIRST AVE2026-04$425,0001,26050.5%

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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 →