The Fair Share Report

214 4th St

Fairview, NJ 07652

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

≈ $489,436

Likely range $463,555 – $563,017, from 12 comparable Fairview sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

79.37%

The state's official measure of how far Fairview assessments sit below market value — republished every October, applied town-wide. A $489,436 home should be assessed near $388,465.

Step 3 · Assessed value

$413,800

Set at the last town-wide revaluation and mostly frozen since. That's $25,335 above what the ratio math suggests (6.5%).

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

$2.275 per $100 assessed

$0.908 Schools · 40% $0.255 County · 11% $1.112 Town · 49%

This home's own bill implies $2.117 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$8,759/yr
Public schools$3,496
Bergen County$982
Town of Fairview$4,281
Fairview average$11,467

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

Town median 84.0%
This home · 84.5%

65%109%

Paying about right

This home's ratio lands inside Fairview'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
438 CLIFF ST2025-03$700,0001,46066.3%
425 HANCOCK PL2025-06$460,0001,18573.2%
143 FULTON AVE2025-03$650,0001,40878.5%
465 WALKER ST2026-01$425,00093277.7%
615B PROSPECT AVE2026-04$545,0001,19888.2%
411 MC KINLEY ST2026-01$360,0001,056110.9%
409 SHERMAN PLACE2025-01$580,0001,837104.5%
374 ROOSEVELT ST2025-03$640,0001,57778.6%
392 WALKER ST2026-01$630,0001,08070.7%
308 CHESTNUT ST2025-02$530,0001,22478.1%
410 CLIFF ST2026-02$600,0001,94286.0%
412 MORNINGSIDE AVE2025-01$740,0001,88081.7%

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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 →