The Fair Share Report

2 Doris Ln

Wallington, NJ 07057

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

≈ $652,615

Likely range $558,949 – $701,222, from 12 comparable Wallington sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

96.76%

The state's official measure of how far Wallington assessments sit below market value — republished every October, applied town-wide. A $652,615 home should be assessed near $631,470.

Step 3 · Assessed value

$399,700

Set at the last town-wide revaluation and mostly frozen since. That's $231,770 below what the ratio math suggests (36.7%).

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

$1.950 per $100 assessed

$1.011 Schools · 52% $0.226 County · 12% $0.714 Town · 37%

Step 5 · The bill

$7,794/yr
Public schools$4,039
Bergen County$903
Town of Wallington$2,852
Wallington average$11,372

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

Town median 81.5%
This home · 61.2%

52%105%

Keep quiet and enjoy it

This home's assessment ratio sits below the Wallington pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
6 DORIS LANE2025-09$470,0001,48884.7%
6 JEANINE LANE2025-03$415,0001,48890.7%
25 MICHAEL LANE2025-12$518,0001,44075.5%
224 HAYWARD PLACE2026-03$699,0001,82289.3%
31 WADSWORTH STREET2025-06$694,0001,83083.6%
37 WILLIAM STREET2025-01$626,0001,80083.8%
80 KOSTER STREET2026-06$930,0001,84365.1%
28 LESTER STREET2025-07$615,0001,77774.4%
32 HAYWARD PLACE2026-04$660,0002,48480.9%
29 MT PLEASANT AVENUE2026-03$729,9001,91481.5%
28 SPRING COURT2025-07$765,0001,71782.8%
196 HAYWARD PLACE2026-01$557,0001,70276.0%

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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 →