The Fair Share Report

160 Hackett Pl

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

≈ $916,398

Likely range $758,520 – $1,136,961, 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 $916,398 home should be assessed near $608,397.

Step 3 · Assessed value

$590,400

Set at the last town-wide revaluation and mostly frozen since. That's $17,997 below what the ratio math suggests (3.0%).

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%

Step 5 · The bill

$18,893/yr
Public schools$11,166
Bergen County$1,896
Town of Rutherford$5,831
Rutherford average$14,060

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

Town median 58.1%
This home · 64.4%

44%83%

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
88 MONTROSS AVE2026-03$1,050,0002,50059.5%
118 WASHINGTON AVE2025-11$950,0002,60154.5%
133 DONALDSON AVE2025-07$1,175,0002,46749.6%
73 ADDISON AVE2025-12$960,0002,62858.6%
200 JACKSON AVENUE2025-02$810,0002,76661.7%
301 MORTIMER AVENUE2025-05$1,250,0002,65344.6%
262 MOUNTAIN WAY2025-04$1,200,0002,74052.8%
246 SPRINGFIELD AVE2026-05$1,215,0002,74350.2%
33 W NEWELL AVE2026-02$740,0002,36170.5%
30 W PIERREPONT AVE2025-12$888,5002,45454.8%
136 IRVING PLACE2026-01$675,0002,34871.0%
246 MORTIMER AVE2026-02$550,0002,30896.7%

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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 →