The Fair Share Report

112 E Ackerman Ave

Emerson, NJ 07632

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

≈ $867,468

Likely range $798,007 – $998,351, from 12 comparable Emerson sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

66.48%

The state's official measure of how far Emerson assessments sit below market value — republished every October, applied town-wide. A $867,468 home should be assessed near $576,693.

Step 3 · Assessed value

$529,000

Set at the last town-wide revaluation and mostly frozen since. That's $47,693 below what the ratio math suggests (8.3%).

Step 4 · The tax rate — same for every Emerson home

$3.419 per $100 assessed

$2.044 Schools · 60% $0.329 County · 10% $1.046 Town · 31%

Step 5 · The bill

$18,092/yr
Public schools$10,816
Bergen County$1,741
Town of Emerson$5,535
Emerson average$15,311

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

Town median 55.8%
This home · 61.0%

43%82%

Paying about right

This home's ratio lands inside Emerson'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
59 COLONIAL RD2025-12$925,0002,47662.2%
132 JEFFERSON AVE2025-09$750,0002,31051.6%
5 LINDEN AVE2026-03$865,0002,00549.1%
92 LOCUST AVE2025-11$860,0002,32654.6%
129 SANFORD AVE2026-04$940,0002,18045.5%
150 HIGHLAND AVE2025-11$880,0002,53255.4%
69 CHESTNUT AVE2025-04$830,0002,15262.7%
67 EMWOOD DR2026-03$910,0002,59356.1%
122 COLONIAL RD2025-07$1,140,0002,68248.2%
33 DOGWOOD LANE2025-07$750,0002,17755.6%
286 SPRUCE AVE2026-01$825,0001,95249.4%
140 VIVIAN AVE2025-11$940,0002,47049.0%

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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 →