The Fair Share Report

201 Maple Ave

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

≈ $620,783

Likely range $577,022 – $736,412, 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 $620,783 home should be assessed near $600,670.

Step 3 · Assessed value

$506,100

Set at the last town-wide revaluation and mostly frozen since. That's $94,570 below what the ratio math suggests (15.7%).

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

$9,869/yr
Public schools$5,114
Bergen County$1,143
Town of Wallington$3,612
Wallington average$11,372

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

Town median 81.5%
This home · 81.5%

62%105%

Paying about right

This home's ratio lands inside Wallington'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
92 MAPLE AVENUE2025-11$855,5001,98669.1%
187 WALLINGTON AVENUE2025-08$648,0001,61275.8%
17 BOND STREET2025-12$545,0001,65662.7%
28 LESTER STREET2025-07$615,0001,77774.4%
196 HAYWARD PLACE2026-01$557,0001,70276.0%
112 LESTER STREET2025-11$770,0001,95869.4%
131 PATERSON AVENUE2026-05$780,0002,21983.0%
46-48 TUTTLE STREET2025-02$1,335,0002,06575.2%
224 HAYWARD PLACE2026-03$699,0001,82289.3%
37 WILLIAM STREET2025-01$626,0001,80083.8%
51 VAN WINKLE AVENUE2025-11$635,0002,00686.5%
260 MAPLE AVENUE2025-04$725,0001,44480.3%

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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 →