The Fair Share Report

27 Pine St

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

≈ $907,713

Likely range $754,369 – $995,665, 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 $907,713 home should be assessed near $878,303.

Step 3 · Assessed value

$750,600

Set at the last town-wide revaluation and mostly frozen since. That's $127,703 below what the ratio math suggests (14.5%).

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

$14,637/yr
Public schools$7,585
Bergen County$1,695
Town of Wallington$5,357
Wallington average$11,372

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

Town median 81.5%
This home · 82.7%

62%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
10 STRONG STREET2025-07$730,0002,14489.7%
19 ANDERSON AVENUE2025-06$790,0002,20881.8%
69 KOSSUTH STREET2026-01$650,0002,30794.6%
2 IVY LANE2026-05$820,0002,27384.3%
15 WAGNER AVENUE2025-05$980,0002,41888.8%
28 FIRST STREET2026-02$980,0003,19098.2%
6 HILLSIDE TERRACE2026-05$1,275,0002,66273.0%
154 MT PLEASANT AVENUE2025-05$1,105,0002,87483.3%
10 JARICO DRIVE2025-12$800,0002,306108.5%
9 MT CEDAR AVENUE2025-03$910,0002,66891.5%
32 HAYWARD PLACE2026-04$660,0002,48480.9%
115 WALLINGTON AVENUE2025-10$920,0002,44886.0%

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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 →