The Fair Share Report

6 Dirt Rd

Upper, NJ 08223

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

≈ $514,510

Likely range $452,720 – $555,189, 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 $514,510 home should be assessed near $291,470.

Step 3 · Assessed value

$301,000

Set at the last town-wide revaluation and mostly frozen since. That's $9,530 above what the ratio math suggests (3.3%).

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

$7,272/yr
Public schools$5,207
Cape May County$1,045
Town of Upper$1,020
Upper average$6,686

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

Town median 55.3%
This home · 58.5%

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
3 BEESLEYS PL2026-05$445,0001,95056.2%
12 ASHCROFT AVE2026-01$553,0001,94350.1%
90 SCHOOL HOUSE LA2025-05$495,0001,84546.6%
656 STAGECOACH RD2025-05$610,0001,91441.6%
1731 RT US 9 SO #282026-03$550,0002,00252.2%
1731 RT US 9 SO #252026-03$519,0002,00255.3%
1731 RT US 9 SO #412025-07$480,0002,00262.4%
1731 RT US 9 SO #282025-06$525,0002,00254.6%
1731 RT US 9 SO #1222025-03$475,0002,00260.4%
145 ALLENDALE RD2026-03$640,0002,25854.4%
10 WILLIAMS WAY2026-05$485,0002,07461.2%
705 RT US 9 SO2026-01$499,9001,85047.6%

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 →