The Fair Share Report

6 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

≈ $751,538

Likely range $704,344 – $976,678, 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 $751,538 home should be assessed near $425,746.

Step 3 · Assessed value

$781,000

Set at the last town-wide revaluation and mostly frozen since. That's $355,254 above what the ratio math suggests (83.4%).

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

$18,853/yr
Public schools$13,499
Cape May County$2,710
Town of Upper$2,644
Upper average$6,686

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

Town median 55.3%
This home · 103.9%

36%116%

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 $8,181/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%
103 TYLER RD2025-11$849,9003,49857.4%
4 MOCKINGBIRD LA2025-04$712,0003,03454.4%
47 N SUNSET DR2025-08$547,0002,88859.1%
17 DEERFIELD TRL2026-01$640,0002,80157.2%
17 DEERFIELD TRL2025-03$640,0002,80157.2%
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%
1 W SHERMAN AVE2025-07$1,900,0002,97553.3%

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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 →