The Fair Share Report

131 E Ackerman Ave

Emerson, NJ 07630

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

≈ $739,112

Likely range $672,383 – $828,670, 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 $739,112 home should be assessed near $491,362.

Step 3 · Assessed value

$390,800

Set at the last town-wide revaluation and mostly frozen since. That's $100,562 below what the ratio math suggests (20.5%).

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

$13,365/yr
Public schools$7,990
Bergen County$1,286
Town of Emerson$4,089
Emerson average$15,311

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

Town median 55.8%
This home · 52.9%

42%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
21 LAKEVIEW DR2025-08$775,0001,70456.6%
152 DEMAREST AVE2025-08$705,0001,82453.3%
105 LONGVIEW DR2025-10$1,050,0001,87646.5%
21 SANFORD AVE2025-06$765,0001,71256.8%
2 HARTLAND AVE2025-08$700,0001,70457.8%
213 LINCOLN BLVD2025-06$685,0001,78650.1%
16 VALLEY BROOK AVE2026-04$450,0001,56480.8%
32 PERSHING ST2025-07$630,0001,52862.9%
15 CREST RD2025-11$690,0001,48854.6%
97 WORTENDYKE AVE2026-03$685,0001,63355.5%
212 HASBROUCK AVE2025-09$710,0001,43557.7%
40 HAINES AVE2025-12$705,0001,48850.3%

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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 →