The Fair Share Report

630 Rt 50

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

≈ $454,760

Likely range $268,386 – $515,894, 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 $454,760 home should be assessed near $257,622.

Step 3 · Assessed value

$205,800

Set at the last town-wide revaluation and mostly frozen since. That's $51,822 below what the ratio math suggests (20.1%).

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

$5,106/yr
Public schools$3,656
Cape May County$734
Town of Upper$716
Upper average$6,686

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

Town median 55.3%
This home · 45.3%

34%82%

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
58 RT 502025-01$425,0001,68054.8%
1450 STAGECOACH RD2025-05$489,0001,85450.0%
1611 RT 502025-10$200,0001,57962.6%
140 PERRY RD2025-08$650,0001,79250.9%
320 DENNS/PTSBG RD2026-06$485,0002,15363.3%
1313 STAGECOACH RD2026-01$275,0001,65281.1%
1081 RT 502025-12$482,5001,76848.1%
301 MILL RD2025-03$389,9001,58166.7%
10 LUKE CT2025-07$568,5001,76459.0%
1731 RT US 9 SO #952025-01$515,0001,84854.0%
1054 RT US 9 SO2025-06$567,7502,61563.5%
6 LEXINGTON CT2025-07$500,0001,86257.2%

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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 →