The Fair Share Report

7 Dawn Rd

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

≈ $595,378

Likely range $501,342 – $685,732, from 12 comparable Upper sales in the past 18 months, at this home's 2,432 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 $595,378 home should be assessed near $337,282.

Step 3 · Assessed value

$264,800

Set at the last town-wide revaluation and mostly frozen since. That's $72,482 below what the ratio math suggests (21.5%).

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

$6,570/yr
Public schools$4,704
Cape May County$944
Town of Upper$921
Upper average$6,686

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

Town median 55.3%
This home · 44.5%

33%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
4 DANA AVE2025-07$595,0002,52354.8%
22 RED CLOVER DR2026-06$640,0002,22050.1%
57 SOMERS AVE2025-09$510,0002,47461.5%
28 LUKE CT2026-02$420,0002,16564.3%
18 E KATHARINE AVE2025-05$600,0002,41650.3%
35 VICTORIA LA2025-09$749,0002,51255.6%
13 SOMERS AVE2026-06$591,0002,74458.7%
80 CORSON TAVERN RD2025-07$730,0002,58962.5%
19 CHADWYN DR2025-08$749,9002,50846.3%
10 LAUREL RIDGE RD2025-06$579,9002,51856.9%
6 LUKE CT2025-12$525,0002,71069.9%
46 VICTORIA LA2026-06$625,0002,55366.8%

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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 →