The Fair Share Report
237 Springfield Ave
Rutherford, NJ 07070
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 $546,166 – $877,209, from 12 comparable Rutherford sales in the past 18 months (home size estimated from assessor data — range widened).
Step 2 · The Director's Ratio
The state's official measure of how far Rutherford assessments sit below market value — republished every October, applied town-wide. A $743,800 home should be assessed near $493,809.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $8,809 below what the ratio math suggests (1.8%).
Step 4 · The tax rate — same for every Rutherford home
$1.890 Schools · 59% $0.321 County · 10% $0.987 Town · 31%
Step 5 · The bill
This home vs. every recent Rutherford sale · assessed ÷ market
44%94%
Paying about right
This home's ratio lands inside Rutherford'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 |
|---|---|---|---|---|
| 25 RIVERVIEW AVENUE | 2025-10 | $605,000 | 1,910 | 69.5% |
| 179 WASHINGTON AVE | 2025-02 | $650,000 | 1,728 | 68.1% |
| 76 MONTROSS AVE | 2026-06 | $965,000 | 1,744 | 47.4% |
| 64 W NEWELL AVE | 2025-06 | $1,042,000 | 2,453 | 54.5% |
| 103 SYLVAN ST | 2026-02 | $570,000 | 1,724 | 73.7% |
| 171 JACKSON AVENUE | 2026-01 | $710,000 | 1,851 | 57.5% |
| 120 CHESTNUT ST./UNIT C | 2025-12 | $851,000 | 1,728 | 55.8% |
| 19 YAHARA AVE | 2025-01 | $840,000 | 1,848 | 52.1% |
| 65 E GOUVERNEUR AVE | 2026-02 | $755,000 | 1,878 | 51.0% |
| 191 DONALDSON AVE | 2026-05 | $905,000 | 1,916 | 50.8% |
| 427 STUYVESANT AVE | 2025-01 | $580,000 | 1,750 | 79.8% |
| 149 SPRINGFIELD AVE | 2025-08 | $625,000 | 1,905 | 76.4% |
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