The Fair Share Report
5 Thicket St
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $922,090 – $1,203,632, from 12 comparable Upper sales in the past 18 months, at this home's 3,938 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 $972,578 home should be assessed near $550,965.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $30,735 above what the ratio math suggests (5.6%).
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 |
|---|---|---|---|---|
| 6 ELLA LAYNE | 2025-10 | $950,000 | 3,380 | 55.5% |
| 17 MEGHAN LANE | 2025-10 | $1,222,000 | 3,489 | 76.5% |
| 9 HARRYS CT | 2025-05 | $820,000 | 3,502 | 56.2% |
| 4 MOCKINGBIRD LA | 2025-04 | $712,000 | 3,034 | 54.4% |
| 5 KLAINS LA | 2026-03 | $820,000 | 2,612 | 51.5% |
| 103 TYLER RD | 2025-11 | $849,900 | 3,498 | 57.4% |
| 15 ALEXANDRIA CT | 2025-01 | $850,000 | 2,781 | 58.8% |
| 1838 RT US 9 SO | 2026-06 | $775,000 | 3,138 | 66.1% |
| 24 SUNSET DR | 2025-05 | $595,000 | 4,068 | 73.1% |
| 825 STAGECOACH RD | 2026-06 | $881,330 | 2,879 | 58.8% |
| 11 LAUREL RIDGE RD | 2025-12 | $750,000 | 2,660 | 49.0% |
| 30 CRESTVIEW DR | 2025-03 | $695,000 | 3,024 | 64.5% |
Is this your house?
Run your own report →