The Fair Share Report
26 Argoe Dr
Upper, NJ 08230
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 $261,292 – $609,194, from 12 comparable Upper sales in the past 18 months (home size estimated from assessor data — range widened).
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 $477,395 home should be assessed near $270,444.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $65,544 below what the ratio math suggests (24.2%).
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
28%84%
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 1450 STAGECOACH RD | 2025-05 | $489,000 | 1,854 | 50.0% |
| 140 PERRY RD | 2025-08 | $650,000 | 1,792 | 50.9% |
| 1313 STAGECOACH RD | 2026-01 | $275,000 | 1,652 | 81.1% |
| 71 PERRY RD | 2025-10 | $485,000 | 1,536 | 61.1% |
| 618 RT US 9 SO | 2025-04 | $430,000 | 1,540 | 57.8% |
| 491 DENNS/PTSBG RD | 2025-06 | $484,500 | 1,507 | 44.6% |
| 10 LUKE CT | 2025-07 | $568,500 | 1,764 | 59.0% |
| 288 RT 49 | 2025-01 | $230,000 | 1,632 | 98.4% |
| 58 RT 50 | 2025-01 | $425,000 | 1,680 | 54.8% |
| 43 WEXTON DR | 2025-07 | $399,000 | 1,758 | 61.2% |
| 78 TYLER RD | 2025-12 | $350,000 | 2,114 | 77.7% |
| 320 DENNS/PTSBG RD | 2026-06 | $485,000 | 2,153 | 63.3% |
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