The Fair Share Report

168 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

≈ $565,598

Likely range $468,418 – $701,555, 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 $565,598 home should be assessed near $375,501.

Step 3 · Assessed value

$340,700

Set at the last town-wide revaluation and mostly frozen since. That's $34,801 below what the ratio math suggests (9.3%).

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

$10,902/yr
Public schools$6,443
Bergen County$1,094
Town of Rutherford$3,365
Rutherford average$14,060

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

Town median 58.1%
This home · 60.2%

43%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)

AddressSoldPriceSq ftRatio
206 EASTERN WAY2025-07$775,0001,08954.9%
59 DANIEL AVENUE2025-10$706,0001,16253.2%
51 MAPLE ST2025-07$625,0001,08654.6%
14 ELIZABETH STREET2025-07$595,00097356.7%
109 DANIEL AVE2026-03$635,0001,20056.0%
23 DELAFIELD AVE2025-07$577,0001,20762.7%
23 DELAFIELD AVE2025-03$545,0001,20766.3%
39 HAWTHORNE ST2025-06$517,5001,31276.1%
126 HACKETT PLACE A2042025-12$270,0001,09288.9%
126 HACKETT PL B2012025-07$365,0001,09258.6%
360 CARMITA AVE2025-08$700,0001,33149.2%
47 ELYCROFT PKWY2026-05$615,0001,31461.2%

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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 →