The Fair Share Report
849 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $400,210 – $530,944, 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 $493,122 home should be assessed near $279,354.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $83,454 below what the ratio math suggests (29.9%).
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
31%79%
Keep quiet and enjoy it
This home's assessment ratio sits below the Upper pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 10 MEADOWLARK RD | 2026-05 | $469,000 | 1,856 | 49.4% |
| 8 SHEILA AVE | 2025-10 | $410,000 | 1,684 | 56.3% |
| 90 SCHOOL HOUSE LA | 2025-05 | $495,000 | 1,845 | 46.6% |
| 12 ASHCROFT AVE | 2026-01 | $553,000 | 1,943 | 50.1% |
| 11 WHIPPOORWILL DR | 2026-06 | $328,000 | 1,940 | 81.0% |
| 3 BEESLEYS PL | 2026-05 | $445,000 | 1,950 | 56.2% |
| 43 WEXTON DR | 2025-07 | $399,000 | 1,758 | 61.2% |
| 10 LUKE CT | 2025-07 | $568,500 | 1,764 | 59.0% |
| 705 RT US 9 SO | 2026-01 | $499,900 | 1,850 | 47.6% |
| 22 RED CLOVER DR | 2026-06 | $640,000 | 2,220 | 50.1% |
| 656 STAGECOACH RD | 2025-05 | $610,000 | 1,914 | 41.6% |
| 1731 RT US 9 SO #95 | 2025-01 | $515,000 | 1,848 | 54.0% |
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