The Fair Share Report

4 Marissa Ct

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

≈ $792,967

Likely range $658,128 – $918,509, from 12 comparable Upper sales in the past 18 months (home size estimated from assessor data — range widened).

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 $792,967 home should be assessed near $449,216.

Step 3 · Assessed value

$735,400

Set at the last town-wide revaluation and mostly frozen since. That's $286,184 above what the ratio math suggests (63.7%).

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

$17,753/yr
Public schools$12,711
Cape May County$2,551
Town of Upper$2,490
Upper average$6,686

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

Town median 55.3%
This home · 92.7%

36%117%

Looks meaningfully over-assessed

Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (65.15%) — roughly $6,591/yr at stake. NJ appeals are generally due April 1.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
825 STAGECOACH RD2026-06$881,3302,87958.8%
4 MOCKINGBIRD LA2025-04$712,0003,03454.4%
30 CRESTVIEW DR2025-03$695,0003,02464.5%
10 BERWYN DR2025-07$665,0002,96261.2%
15 ALEXANDRIA CT2025-01$850,0002,78158.8%
10 LAUREL RIDGE RD2025-06$579,9002,51856.9%
80 CORSON TAVERN RD2025-07$730,0002,58962.5%
9 HARRYS CT2025-05$820,0003,50256.2%
6 LUKE CT2025-12$525,0002,71069.9%
11 LAUREL RIDGE RD2025-12$750,0002,66049.0%
6 ELLA LAYNE2025-10$950,0003,38055.5%
6 W VENTNOR AVE2025-09$735,0002,28853.2%

Is this your house?

Run your own report →

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 →