The Fair Share Report

208 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

≈ $453,468

Likely range $373,828 – $553,099, 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 $453,468 home should be assessed near $438,776.

Step 3 · Assessed value

$361,000

Set at the last town-wide revaluation and mostly frozen since. That's $77,776 below what the ratio math suggests (17.7%).

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

$7,040/yr
Public schools$3,648
Bergen County$815
Town of Wallington$2,576
Wallington average$11,372

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

Town median 81.5%
This home · 79.6%

60%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
42 PARKWAY2025-01$310,0001,242133.1%
1 CRESCENT ROAD2025-01$490,0001,206160.6%
40 JORDAN AVENUE2025-04$410,0001,21694.9%
83 ANDERSON AVENUE2026-02$565,0001,24472.2%
15 MORRISSEE AVENUE2026-01$430,0001,38291.3%
260 MAPLE AVENUE2025-04$725,0001,44480.3%
113 WALLINGTON AVENUE2025-11$530,0001,61274.1%
159 ANDERSON AVENUE2026-02$570,0001,22467.8%
17 BOND STREET2025-12$545,0001,65662.7%
57 MAPLE AVENUE2025-08$460,0001,45264.8%
224 HAYWARD PLACE2026-03$699,0001,82289.3%
104 HAYWARD PLACE2026-05$760,0001,28064.4%

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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 →