The Fair Share Report

3 Ortlieb La

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.

Step 1 · Market value

≈ $422,182

Likely range $343,167 – $498,273, from 12 comparable Upper sales in the past 18 months, at this home's 1,512 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 $422,182 home should be assessed near $239,166.

Step 3 · Assessed value

$258,200

Set at the last town-wide revaluation and mostly frozen since. That's $19,034 above what the ratio math suggests (8.0%).

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

$6,233/yr
Public schools$4,463
Cape May County$896
Town of Upper$874
Upper average$6,686

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

Town median 55.3%
This home · 61.2%

36%81%

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
230 STAGECOACH RD2026-03$625,0001,50238.8%
491 DENNS/PTSBG RD2025-06$484,5001,50744.6%
618 RT US 9 SO2025-04$430,0001,54057.8%
1313 STAGECOACH RD2026-01$275,0001,65281.1%
7 W KATHARINE AVE2025-09$450,0001,34048.1%
10 LUKE CT2025-07$568,5001,76459.0%
43 WEXTON DR2025-07$399,0001,75861.2%
8 SHEILA AVE2025-10$410,0001,68456.3%
11 WHIPPOORWILL DR2026-06$328,0001,94081.0%
288 RT 492025-01$230,0001,63298.4%
1515 RT US 9 SO2025-05$500,0001,35240.8%
10 MEADOWLARK RD2026-05$469,0001,85649.4%

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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 →