The Fair Share Report
2280 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 $416,551 – $703,678, from 12 comparable Upper sales in the past 18 months, at this home's 2,360 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 $586,410 home should be assessed near $332,201.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $179,201 below what the ratio math suggests (53.9%).
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
16%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 |
|---|---|---|---|---|
| 17 E GOLDEN OAK LA | 2026-02 | $842,500 | 2,202 | 52.2% |
| 727 RT 50 | 2025-06 | $470,000 | 2,039 | 53.0% |
| 2090 RT 50 | 2025-10 | $270,000 | 1,744 | 69.2% |
| 151 READING AVE | 2025-05 | $305,000 | 1,728 | 57.8% |
| 36 E HOLLYWOOD LA | 2025-12 | $950,000 | 2,592 | 42.1% |
| 2334 RT 50 | 2025-12 | $330,000 | 2,099 | 63.4% |
| 903 S COMMONWEALTH | 2026-03 | $2,475,000 | 2,260 | 53.4% |
| 116 NORTH SHORE RD | 2025-09 | $690,000 | 2,510 | 52.0% |
| 11 REDWISH AVE | 2026-04 | $445,317 | 2,097 | 55.6% |
| 238 MARSHALLVILLE RD | 2025-05 | $367,500 | 1,479 | 56.6% |
| 14 LYNDHURST RD | 2026-04 | $515,000 | 1,992 | 44.2% |
| 134 RT 49 | 2025-07 | $280,000 | 2,353 | 76.2% |
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