The Fair Share Report
10 Eckert Ave
Newark, NJ 07112
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 $545,580 – $720,839, from 12 comparable Newark 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 Newark assessments sit below market value — republished every October, applied town-wide. A $692,675 home should be assessed near $281,849.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $9,451 above what the ratio math suggests (3.4%).
Step 4 · The tax rate — same for every Newark home
$1.162 Schools · 29% $0.519 County · 13% $2.318 Town · 58%
Step 5 · The bill
This home vs. every recent Newark sale · assessed ÷ market
18%59%
Paying about right
This home's ratio lands inside Newark'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 |
|---|---|---|---|---|
| 167 SEYMOUR AVE | 2026-02 | $690,000 | 3,000 | 44.0% |
| 167 N 12TH ST | 2026-05 | $660,000 | 3,064 | 47.9% |
| 55 9TH AVE | 2025-07 | $700,000 | 3,125 | 56.9% |
| 211 FAIRMOUNT AVE | 2025-01 | $690,000 | 3,095 | 33.6% |
| 424 SUMMER AVE | 2026-02 | $613,402 | 3,048 | 32.1% |
| 816 HUNTERDON ST | 2026-03 | $715,000 | 3,155 | 30.6% |
| 906-908 S 17TH | 2025-07 | $400,000 | 3,106 | 38.0% |
| 33 VERNON AVE | 2025-12 | $535,000 | 3,149 | 36.0% |
| 117 S 12TH ST | 2026-03 | $800,000 | 3,105 | 20.7% |
| 904 S 18TH ST | 2025-09 | $695,000 | 3,008 | 53.4% |
| 902 S 18TH ST | 2025-01 | $325,000 | 3,008 | 51.0% |
| 166 SEYMOUR AVE | 2025-03 | $620,000 | 2,875 | 28.9% |
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