The Fair Share Report

159 Hampton Pl

Ridgewood, NJ 07450

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

≈ $1,541,522

Likely range $1,408,997 – $1,891,395, from 12 comparable Ridgewood sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

60.52%

The state's official measure of how far Ridgewood assessments sit below market value — republished every October, applied town-wide. A $1,541,522 home should be assessed near $932,929.

Step 3 · Assessed value

$863,700

Set at the last town-wide revaluation and mostly frozen since. That's $69,229 below what the ratio math suggests (7.4%).

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

$2.889 per $100 assessed

$1.801 Schools · 62% $0.347 County · 12% $0.742 Town · 26%

Step 5 · The bill

$24,961/yr
Public schools$15,555
Bergen County$2,997
Town of Ridgewood$6,409
Ridgewood average$20,589

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

Town median 51.6%
This home · 56.0%

38%75%

Paying about right

This home's ratio lands inside Ridgewood'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
84 OAK ST2025-09$1,050,0002,94162.0%
32 REYNEN COURT2025-01$1,872,0002,88143.4%
221 AVONDALE RD2025-08$2,300,0003,05642.5%
208 BELLAIR RD2025-12$1,500,0003,00749.2%
75 WILSON ST2025-08$1,353,0002,54543.2%
31 REYNEN CT.2025-06$1,350,0002,70552.0%
913 ROSLYN RD2025-08$1,400,0002,76045.4%
490 LINCOLN AVE2025-07$1,325,0002,94459.2%
877 NORGATE DR2026-05$1,300,0002,69945.4%
133 FOSTER TERR.2025-07$1,875,0003,38844.2%
686 NEWCOMB RD2025-04$1,200,0002,31251.7%
144 UNION ST2026-01$1,300,0002,94047.1%

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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 →