The Fair Share Report
300 Rt 49
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 $270,000 – $412,857, from 12 comparable Upper sales in the past 18 months, at this home's 1,632 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 $312,597 home should be assessed near $177,086.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $87,114 above what the ratio math suggests (49.2%).
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
36%103%
A touch high — worth watching
This home's ratio sits above most of Upper, but doesn't clear NJ's legal appeal line (65.15%).
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 147 READING AVE | 2025-03 | $308,000 | 1,608 | 67.6% |
| 1611 RT 50 | 2025-10 | $200,000 | 1,579 | 62.6% |
| 58 RT 50 | 2025-01 | $425,000 | 1,680 | 54.8% |
| 151 READING AVE | 2025-05 | $305,000 | 1,728 | 57.8% |
| 288 RT 49 | 2025-01 | $230,000 | 1,632 | 98.4% |
| 1081 RT 50 | 2025-12 | $482,500 | 1,768 | 48.1% |
| 2090 RT 50 | 2025-10 | $270,000 | 1,744 | 69.2% |
| 238 MARSHALLVILLE RD | 2025-05 | $367,500 | 1,479 | 56.6% |
| 1313 STAGECOACH RD | 2026-01 | $275,000 | 1,652 | 81.1% |
| 8 SHEILA AVE | 2025-10 | $410,000 | 1,684 | 56.3% |
| 1233 RT US 9 SO | 2025-12 | $225,000 | 1,360 | 80.5% |
| 43 WEXTON DR | 2025-07 | $399,000 | 1,758 | 61.2% |
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