The Fair Share Report

283 Maple Ave

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

≈ $756,896

Likely range $644,898 – $849,045, 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 $756,896 home should be assessed near $732,373.

Step 3 · Assessed value

$633,600

Set at the last town-wide revaluation and mostly frozen since. That's $98,773 below what the ratio math suggests (13.5%).

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

$12,355/yr
Public schools$6,402
Bergen County$1,431
Town of Wallington$4,522
Wallington average$11,372

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

Town median 81.5%
This home · 83.7%

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
91 HALSTEAD AVENUE2026-01$885,0002,28862.4%
46-48 TUTTLE STREET2025-02$1,335,0002,06575.2%
51 VAN WINKLE AVENUE2025-11$635,0002,00686.5%
15 TUTTLE STREET2026-04$500,0002,09693.4%
44 KOSTER STREET2025-02$920,0002,11277.0%
242 MAIN AVENUE2026-02$675,0002,22683.4%
28 LESTER STREET2025-07$615,0001,77774.4%
115 WALLINGTON AVENUE2025-10$920,0002,44886.0%
69 KOSSUTH STREET2026-01$650,0002,30794.6%
320 HAYWARD PLACE2025-09$700,0001,95077.6%
10 STRONG STREET2025-07$730,0002,14489.7%
19 ANDERSON AVENUE2025-06$790,0002,20881.8%

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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 →