The Fair Share Report

266 Ryan St

Hillside, NJ 07205

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

≈ $412,851

Likely range $312,602 – $503,307, from 12 comparable Hillside sales in the past 18 months, at this home's 1,632 sq ft.

Step 2 · The Director's Ratio

24.33%

The state's official measure of how far Hillside assessments sit below market value — republished every October, applied town-wide. A $412,851 home should be assessed near $100,447.

Step 3 · Assessed value

$100,300

Set at the last town-wide revaluation and mostly frozen since. That's $147 below what the ratio math suggests (0.1%).

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

$8.899 per $100 assessed

$3.447 Schools · 39% $1.407 County · 16% $4.044 Town · 45%

Step 5 · The bill

$8,926/yr
Public schools$3,458
Union County$1,411
Town of Hillside$4,057
Hillside average$10,961

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

Town median 24.5%
This home · 24.3%

14%38%

Paying about right

This home's ratio lands inside Hillside'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
1607 SUMMIT AVE2025-01$350,0001,62728.0%
15 HOLLYWOOD AVE2025-10$481,0001,56124.2%
1573 WYNDMOOR AVE2025-09$245,0001,56531.6%
1439 COMPTON TERR2025-08$383,0001,51425.0%
1439 COMPTON TERR2025-05$290,0001,51433.0%
1439 COMPTON TERR2025-04$200,0001,51447.9%
1229 ROBERT ST2026-06$570,0001,70822.6%
1533 BOND ST2025-06$300,0001,56929.6%
1409 MUNN AVE2025-04$540,0001,56025.3%
207 ARTHUR ST2025-06$570,0001,82423.3%
1451 BOND ST2026-01$380,0001,60022.8%
546 LEO ST2025-12$470,0001,52418.5%

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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 →