The Fair Share Report
71 Perry 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $255,690 – $428,883, from 12 comparable Upper sales in the past 18 months, at this home's 1,536 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 $378,802 home should be assessed near $214,591.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $81,709 above what the ratio math suggests (38.1%).
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%121%
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 $1,882/yr at stake. NJ appeals are generally due April 1.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 301 MILL RD | 2025-03 | $389,900 | 1,581 | 66.7% |
| 140 PERRY RD | 2025-08 | $650,000 | 1,792 | 50.9% |
| 618 RT US 9 SO | 2025-04 | $430,000 | 1,540 | 57.8% |
| 491 DENNS/PTSBG RD | 2025-06 | $484,500 | 1,507 | 44.6% |
| 1613 RT 50 | 2025-04 | $350,000 | 1,556 | 67.4% |
| 230 STAGECOACH RD | 2026-03 | $625,000 | 1,502 | 38.8% |
| 1313 STAGECOACH RD | 2026-01 | $275,000 | 1,652 | 81.1% |
| 1609 RT 50 | 2025-04 | $150,000 | 1,456 | 76.1% |
| 288 RT 49 | 2025-01 | $230,000 | 1,632 | 98.4% |
| 781 RT 50 | 2025-12 | $220,000 | 2,240 | 100.5% |
| 1450 STAGECOACH RD | 2025-05 | $489,000 | 1,854 | 50.0% |
| 3121 RT US 9 SO | 2026-06 | $480,000 | 2,120 | 55.8% |
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