The Fair Share Report
115 Bailey Ave
Hillside, NJ 07205
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 $308,240 – $570,399, from 12 comparable Hillside 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 Hillside assessments sit below market value — republished every October, applied town-wide. A $494,839 home should be assessed near $120,394.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $22,794 below what the ratio math suggests (18.9%).
Step 4 · The tax rate — same for every Hillside home
$3.447 Schools · 39% $1.407 County · 16% $4.044 Town · 45%
Step 5 · The bill
This home vs. every recent Hillside sale · assessed ÷ market
12%37%
Paying about right
This home's ratio lands inside Hillside'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 |
|---|---|---|---|---|
| 553 HARVARD AVE | 2026-01 | $470,000 | 1,819 | 20.7% |
| 400 COLUMBIA AVE | 2025-08 | $750,000 | 1,892 | 25.8% |
| 546 LEO ST | 2025-12 | $470,000 | 1,524 | 18.5% |
| 393 PRINCETON AVE | 2026-03 | $270,000 | 1,560 | 38.7% |
| 1229 ROBERT ST | 2026-06 | $570,000 | 1,708 | 22.6% |
| 1534 HIAWATHA AVE | 2025-01 | $512,000 | 1,494 | 22.3% |
| 1466 CENTER ST | 2025-08 | $325,000 | 1,440 | 29.5% |
| 1607 SUMMIT AVE | 2025-01 | $350,000 | 1,627 | 28.0% |
| 15 HOLLYWOOD AVE | 2025-10 | $481,000 | 1,561 | 24.2% |
| 1439 COMPTON TERR | 2025-08 | $383,000 | 1,514 | 25.0% |
| 1439 COMPTON TERR | 2025-05 | $290,000 | 1,514 | 33.0% |
| 1439 COMPTON TERR | 2025-04 | $200,000 | 1,514 | 47.9% |
Is this your house?
Run your own report →