The Fair Share Report
13 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 $494,484 – $596,440, 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 $588,996 home should be assessed near $239,662.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $79,762 below what the ratio math suggests (33.3%).
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%58%
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 |
|---|---|---|---|---|
| 601 S 18TH ST | 2026-03 | $200,000 | — | 19.0% |
| 134 LITTLETON AVE | 2025-10 | $550,000 | — | 4.8% |
| 618 N 7TH ST | 2025-01 | $50,000 | — | 64.8% |
| 667 S 15TH ST | 2025-05 | $600,000 | 2,072 | 39.4% |
| 326 OLIVER ST | 2026-02 | $660,000 | 2,064 | 14.3% |
| 493 S 17TH ST | 2025-02 | $505,000 | 1,993 | 40.6% |
| 176 PARKER ST | 2025-04 | $575,000 | 1,968 | 19.7% |
| 727 S 20TH ST | 2025-10 | $610,000 | 2,086 | 20.8% |
| 727 S 20TH ST | 2025-04 | $400,000 | 2,086 | 31.7% |
| 250 4TH ST | 2025-12 | $440,000 | 2,012 | 33.3% |
| 241 PESHINE AVE | 2025-05 | $577,500 | 1,978 | 25.6% |
| 51 N 6TH ST | 2025-04 | $545,000 | 1,986 | 23.8% |
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