The Fair Share Report
380 Perry Rd
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 $250,938 – $317,981, from 12 comparable Upper sales in the past 18 months, at this home's 864 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 $291,429 home should be assessed near $165,095.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $19,595 below what the ratio math suggests (11.9%).
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%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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 100 BAYVIEW AVE | 2026-01 | $440,000 | 1,118 | 47.5% |
| 18 PACIFIC AVE | 2025-08 | $390,000 | 912 | 48.1% |
| 34 E MAPLESHADE LA | 2025-10 | $350,000 | 951 | 53.1% |
| 9 SLEEPY HOLLOW RD | 2025-06 | $275,000 | 1,180 | 73.2% |
| 20 CORSON TAVERN RD | 2025-05 | $320,000 | 1,032 | 51.9% |
| 124 BUTTER RD | 2026-03 | $325,000 | 1,119 | 60.8% |
| 125 TOWNSEND RD | 2025-10 | $320,000 | 924 | 59.3% |
| 83 RT 50 | 2026-04 | $435,000 | 1,320 | 49.3% |
| 109 OCEAN AVE | 2025-10 | $386,000 | 1,136 | 46.6% |
| 34 NORTH SHORE RD | 2025-01 | $450,000 | 1,332 | 45.8% |
| 30 BRYAN RD | 2025-03 | $394,000 | 1,104 | 53.7% |
| 740 EAST DR | 2025-09 | $385,000 | 1,376 | 50.3% |
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