The Fair Share Report
128 Eastern Way
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $571,597 – $747,822, from 12 comparable Rutherford 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 Rutherford assessments sit below market value — republished every October, applied town-wide. A $710,643 home should be assessed near $471,796.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $56,796 below what the ratio math suggests (12.0%).
Step 4 · The tax rate — same for every Rutherford home
$1.890 Schools · 59% $0.321 County · 10% $0.987 Town · 31%
Step 5 · The bill
This home vs. every recent Rutherford sale · assessed ÷ market
44%82%
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 64 BEECH ST | 2026-05 | $661,900 | 1,632 | 58.9% |
| 63 WINGRA AVE | 2026-01 | $615,000 | 1,566 | 59.8% |
| 351 PARK AVENUE | 2025-01 | $675,000 | 1,722 | 57.8% |
| 427 STUYVESANT AVE | 2025-01 | $580,000 | 1,750 | 79.8% |
| 256 JACKSON AVENUE | 2025-12 | $750,000 | 1,656 | 51.0% |
| 68 RAYMOND AVENUE | 2025-10 | $560,000 | 1,824 | 83.2% |
| 182 MORTIMER AVE | 2025-07 | $735,000 | 1,649 | 60.9% |
| 182 MORTIMER AVE | 2025-03 | $600,000 | 1,649 | 74.5% |
| 44 JACKSON AVENUE | 2025-07 | $705,000 | 1,624 | 57.0% |
| 166 SUMMIT CROSS | 2026-05 | $810,000 | 1,590 | 57.9% |
| 383 PARK AVENUE | 2026-06 | $765,000 | 1,732 | 47.5% |
| 121 WOODLAND AVE | 2026-03 | $795,000 | 1,688 | 59.5% |
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