The Fair Share Report
6 Meadowview La
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $476,485 – $729,788, from 12 comparable Upper sales in the past 18 months (home size estimated from assessor data — range widened).
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 $631,855 home should be assessed near $357,946.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $151,654 above what the ratio math suggests (42.4%).
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%112%
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 $3,493/yr at stake. NJ appeals are generally due April 1.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 36 E HOLLYWOOD LA | 2025-12 | $950,000 | 2,592 | 42.1% |
| 1 HARDING AVE | 2025-04 | $400,000 | 3,002 | 55.0% |
| 17 E GOLDEN OAK LA | 2026-02 | $842,500 | 2,202 | 52.2% |
| 23 FOXBOROUGH RD | 2026-06 | $587,500 | 2,982 | 55.0% |
| 14 LYNDHURST RD | 2026-04 | $515,000 | 1,992 | 44.2% |
| 35 VICTORIA LA | 2025-09 | $749,000 | 2,512 | 55.6% |
| 116 NORTH SHORE RD | 2025-09 | $690,000 | 2,510 | 52.0% |
| 1054 RT US 9 SO | 2025-06 | $567,750 | 2,615 | 63.5% |
| 727 RT 50 | 2025-06 | $470,000 | 2,039 | 53.0% |
| 18 E KATHARINE AVE | 2025-05 | $600,000 | 2,416 | 50.3% |
| 46 VICTORIA LA | 2026-06 | $625,000 | 2,553 | 66.8% |
| 11 INLET TER | 2025-02 | $560,000 | 2,754 | 55.9% |
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