The Fair Share Report
225 3rd St
Fairview, NJ 07022
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $604,379 – $730,309, from 12 comparable Fairview sales in the past 18 months, at this home's 1,803 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Fairview assessments sit below market value — republished every October, applied town-wide. A $668,528 home should be assessed near $530,611.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $113,589 above what the ratio math suggests (21.4%).
Step 4 · The tax rate — same for every Fairview home
$0.908 Schools · 40% $0.255 County · 11% $1.112 Town · 49%
This home's own bill implies $1.971 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Fairview sale · assessed ÷ market
65%112%
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 409 SHERMAN PLACE | 2025-01 | $580,000 | 1,837 | 104.5% |
| 374 ROOSEVELT ST | 2025-03 | $640,000 | 1,577 | 78.6% |
| 410 CLIFF ST | 2026-02 | $600,000 | 1,942 | 86.0% |
| 682A PROBST AVE | 2025-01 | $660,000 | 1,780 | 86.9% |
| 412 MORNINGSIDE AVE | 2025-01 | $740,000 | 1,880 | 81.7% |
| 745 PROBST AVENUE | 2025-04 | $655,000 | 1,923 | 73.5% |
| 438 CLIFF ST | 2025-03 | $700,000 | 1,460 | 66.3% |
| 315B 7TH STREET | 2026-04 | $700,000 | 1,920 | 95.1% |
| 503 PARK AVE | 2025-03 | $484,690 | 2,474 | 119.9% |
| 682A GREELEY | 2026-04 | $780,000 | 2,012 | 91.9% |
| 684 GREELEY AVE | 2025-02 | $775,000 | 2,312 | 79.5% |
| 465B CLIFF ST | 2026-02 | $740,000 | 2,070 | 86.7% |
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