The Fair Share Report

23 Wexton Dr

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

≈ $683,049

Likely range $612,660 – $837,970, from 12 comparable Upper sales in the past 18 months, at this home's 2,972 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 $683,049 home should be assessed near $386,947.

Step 3 · Assessed value

$403,300

Set at the last town-wide revaluation and mostly frozen since. That's $16,353 above what the ratio math suggests (4.2%).

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

$10,006/yr
Public schools$7,164
Cape May County$1,438
Town of Upper$1,403
Upper average$6,686

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

Town median 55.3%
This home · 59.0%

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
10 BERWYN DR2025-07$665,0002,96261.2%
30 CRESTVIEW DR2025-03$695,0003,02464.5%
6 LUKE CT2025-12$525,0002,71069.9%
4 MOCKINGBIRD LA2025-04$712,0003,03454.4%
825 STAGECOACH RD2026-06$881,3302,87958.8%
9 HARRYS CT2025-05$820,0003,50256.2%
19 CHADWYN DR2025-08$749,9002,50846.3%
2 ERICA LA2025-05$615,0003,08254.1%
57 SOMERS AVE2025-09$510,0002,47461.5%
15 ALEXANDRIA CT2025-01$850,0002,78158.8%
80 CORSON TAVERN RD2025-07$730,0002,58962.5%
10 LAUREL RIDGE RD2025-06$579,9002,51856.9%

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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 →