The Fair Share Report

119 Maple St

Rutherford, NJ 07070

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

≈ $560,000

Likely range $487,158 – $693,539, from 12 comparable Rutherford sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

66.39%

The state's official measure of how far Rutherford assessments sit below market value — republished every October, applied town-wide. A $560,000 home should be assessed near $371,784.

Step 3 · Assessed value

$389,600

Set at the last town-wide revaluation and mostly frozen since. That's $17,816 above what the ratio math suggests (4.8%).

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

$3.199 per $100 assessed

$1.890 Schools · 59% $0.321 County · 10% $0.987 Town · 31%

This home's own bill implies $3.136 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$12,217/yr
Public schools$7,220
Bergen County$1,226
Town of Rutherford$3,771
Rutherford average$14,060

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

Town median 58.1%
This home · 69.6%

44%85%

Paying about right

This home's ratio lands inside Rutherford'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
20 WALNUT ST2025-11$560,0001,26773.1%
59 DANIEL AVENUE2025-10$706,0001,16253.2%
360 CARMITA AVE2025-08$700,0001,33149.2%
39 HAWTHORNE ST2025-06$517,5001,31276.1%
40 CARMITA AVE2025-09$500,0001,38680.6%
189 SUMMIT CROSS2025-01$560,0001,30379.4%
32 GROVE ST2025-11$525,0001,25663.9%
206 EASTERN WAY2025-07$775,0001,08954.9%
10 SUNDERLAND AVE2025-03$490,0001,29076.8%
115 WILSON AVE2025-02$426,8001,36476.2%
47 ELYCROFT PKWY2026-05$615,0001,31461.2%
55 INSLEY AVENUE2026-02$750,0001,24847.3%

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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 →