The Fair Share Report

85 Tyler Rd

Upper, NJ 08230

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

≈ $514,593

Likely range $436,908 – $553,352, 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 $514,593 home should be assessed near $291,517.

Step 3 · Assessed value

$315,500

Set at the last town-wide revaluation and mostly frozen since. That's $23,983 above what the ratio math suggests (8.2%).

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

$7,616/yr
Public schools$5,453
Cape May County$1,095
Town of Upper$1,068
Upper average$6,686

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

Town median 55.3%
This home · 61.3%

36%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
1731 RT US 9 SO #282026-03$550,0002,00252.2%
1731 RT US 9 SO #252026-03$519,0002,00255.3%
1731 RT US 9 SO #412025-07$480,0002,00262.4%
1731 RT US 9 SO #282025-06$525,0002,00254.6%
1731 RT US 9 SO #1222025-03$475,0002,00260.4%
1731 RT US 9 SO #952025-01$515,0001,84854.0%
3121 RT US 9 SO2026-06$480,0002,12055.8%
12 ASHCROFT AVE2026-01$553,0001,94350.1%
3 BEESLEYS PL2026-05$445,0001,95056.2%
11 WHIPPOORWILL DR2026-06$328,0001,94081.0%
15 E SUNRISE RD2025-04$395,0002,06063.6%
10 WILLIAMS WAY2026-05$485,0002,07461.2%

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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 →