The Fair Share Report

175 Third Ave

Hawthorne, NJ 07506

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

≈ $668,983

Likely range $592,732 – $734,048, from 12 comparable Hawthorne sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

69.15%

The state's official measure of how far Hawthorne assessments sit below market value — republished every October, applied town-wide. A $668,983 home should be assessed near $462,602.

Step 3 · Assessed value

$359,400

Set at the last town-wide revaluation and mostly frozen since. That's $103,202 below what the ratio math suggests (22.3%).

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

$3.144 per $100 assessed

$1.746 Schools · 56% $0.654 County · 21% $0.744 Town · 24%

Step 5 · The bill

$11,300/yr
Public schools$6,275
Passaic County$2,350
Town of Hawthorne$2,674
Hawthorne average$12,005

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

Town median 58.3%
This home · 53.7%

44%85%

Paying about right

This home's ratio lands inside Hawthorne'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
5 PROSPECT ST2026-05$555,0001,71858.2%
28 HUTCHINSON AVE2025-07$520,0001,61860.3%
1 NORMA TERR2026-05$675,0001,68851.2%
72 FRANKLIN AVE2025-11$740,0001,71747.7%
213 FOURTH AVE2025-03$660,0001,56855.3%
63 WARREN AVE2025-07$650,0001,64958.6%
57 UNION ST2026-05$770,0001,62649.9%
337 DIAMOND BRIDGE AVE2026-01$650,0001,61554.0%
862 LAFAYETTE AVE2025-09$610,0001,75163.3%
94 FRANKLIN AVE2025-04$710,0001,61459.1%
123 BUENA VISTA AVE2025-07$640,0001,61256.9%
196 BUENA VISTA AVE2025-10$775,0001,63851.5%

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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 →