The Fair Share Report
7 Nordic Dr
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 $437,951 – $675,161, from 12 comparable Upper sales in the past 18 months, at this home's 2,284 sq ft.
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 $551,213 home should be assessed near $312,262.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $15,938 above what the ratio math suggests (5.1%).
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%80%
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 17 E SUNRISE RD | 2025-12 | $415,000 | 2,368 | 75.8% |
| 3121 RT US 9 SO | 2026-06 | $480,000 | 2,120 | 55.8% |
| 57 SOMERS AVE | 2025-09 | $510,000 | 2,474 | 61.5% |
| 9 DEERFIELD TRL | 2026-04 | $760,000 | 2,571 | 51.6% |
| 781 RT 50 | 2025-12 | $220,000 | 2,240 | 100.5% |
| 1981 TUCKAHOE RD | 2026-05 | $633,750 | 2,626 | 58.7% |
| 28 LUKE CT | 2026-02 | $420,000 | 2,165 | 64.3% |
| 15 E SUNRISE RD | 2025-04 | $395,000 | 2,060 | 63.6% |
| 16 ELIZABETH LA | 2025-07 | $598,445 | 2,156 | 62.9% |
| 4 HUNTINGTON LA | 2026-03 | $660,000 | 2,005 | 48.5% |
| 10 N MEADOW RIDGE LA | 2025-04 | $645,000 | 2,428 | 50.4% |
| 19 CHADWYN DR | 2025-08 | $749,900 | 2,508 | 46.3% |
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