The Fair Share Report

6 Ella Layne

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

≈ $904,467

Likely range $791,433 – $1,061,103, from 12 comparable Upper sales in the past 18 months, at this home's 3,380 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 $904,467 home should be assessed near $512,381.

Step 3 · Assessed value

$527,700

Set at the last town-wide revaluation and mostly frozen since. That's $15,319 above what the ratio math suggests (3.0%).

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

$13,092/yr
Public schools$9,374
Cape May County$1,882
Town of Upper$1,836
Upper average$6,686

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

Town median 55.3%
This home · 58.3%

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
17 MEGHAN LANE2025-10$1,222,0003,48976.5%
9 HARRYS CT2025-05$820,0003,50256.2%
5 THICKET STREET2025-06$1,450,0003,93840.1%
4 MOCKINGBIRD LA2025-04$712,0003,03454.4%
30 CRESTVIEW DR2025-03$695,0003,02464.5%
825 STAGECOACH RD2026-06$881,3302,87958.8%
5 KLAINS LA2026-03$820,0002,61251.5%
15 ALEXANDRIA CT2025-01$850,0002,78158.8%
10 BERWYN DR2025-07$665,0002,96261.2%
15 CROP ST2025-04$635,0002,37349.9%
10 LAUREL RIDGE RD2025-06$579,9002,51856.9%
80 CORSON TAVERN RD2025-07$730,0002,58962.5%

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 →