The Fair Share Report

272 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

≈ $490,859

Likely range $410,313 – $605,753, from 12 comparable Hillside sales in the past 18 months (home size estimated from assessor data — range widened).

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 $490,859 home should be assessed near $119,426.

Step 3 · Assessed value

$119,700

Set at the last town-wide revaluation and mostly frozen since. That's $274 above what the ratio math suggests (0.2%).

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

$10,652/yr
Public schools$4,127
Union County$1,684
Town of Hillside$4,841
Hillside average$10,961

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

Town median 24.5%
This home · 24.4%

14%36%

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
74 MERTZ AVE2025-03$475,0001,32022.3%
277 CLARK ST2026-03$540,0001,20023.6%
1219 STONE ST2025-06$605,0001,27025.8%
75 HILLSIDE AVE2025-02$555,5001,25621.3%
1535 LESLIE ST2025-03$330,0001,33433.9%
1018 JOHN GLENN DRIVE2026-04$440,0001,27629.3%
557 BUCHANAN ST2025-06$310,0001,24827.1%
1225 WOODRUFF AVE2025-10$538,6001,44020.5%
18 CEDAR ST2024-12$500,0001,21424.2%
1437 PARKVIEW TERR2025-08$345,0001,38826.6%
370 LONG AVE2025-10$669,5001,35217.9%
125 VIRGINIA ST2025-02$480,0001,21221.8%

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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 →