The Fair Share Report

36 Mockingbird La

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

≈ $339,504

Likely range $306,702 – $358,817, from 12 comparable Upper sales in the past 18 months, at this home's 1,056 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 $339,504 home should be assessed near $192,329.

Step 3 · Assessed value

$191,600

Set at the last town-wide revaluation and mostly frozen since. That's $729 below what the ratio math suggests (0.4%).

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

$4,754/yr
Public schools$3,404
Cape May County$683
Town of Upper$667
Upper average$6,686

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

Town median 55.3%
This home · 56.4%

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
7 W KATHARINE AVE2025-09$450,0001,34048.1%
124 BUTTER RD2026-03$325,0001,11960.8%
9 SLEEPY HOLLOW RD2025-06$275,0001,18073.2%
1515 RT US 9 SO2025-05$500,0001,35240.8%
83 RT 502026-04$435,0001,32049.3%
109 OCEAN AVE2025-10$386,0001,13646.6%
100 BAYVIEW AVE2026-01$440,0001,11847.5%
230 STAGECOACH RD2026-03$625,0001,50238.8%
3085 RT US 9 SO2025-10$300,0001,00059.4%
43 WEXTON DR2025-07$399,0001,75861.2%
491 DENNS/PTSBG RD2025-06$484,5001,50744.6%
10 LUKE CT2025-07$568,5001,76459.0%

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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 →