The Fair Share Report
3 Stein 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $387,781 – $555,293, from 12 comparable Wallington 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 Wallington assessments sit below market value — republished every October, applied town-wide. A $486,750 home should be assessed near $470,979.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $80,979 below what the ratio math suggests (17.2%).
Step 4 · The tax rate — same for every Wallington home
$1.011 Schools · 52% $0.226 County · 12% $0.714 Town · 37%
This home's own bill implies $1.886 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Wallington sale · assessed ÷ market
62%106%
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 1 CRESCENT ROAD | 2025-01 | $490,000 | 1,206 | 160.6% |
| 42 PARKWAY | 2025-01 | $310,000 | 1,242 | 133.1% |
| 40 JORDAN AVENUE | 2025-04 | $410,000 | 1,216 | 94.9% |
| 170 MT PLEASANT AVENUE | 2025-01 | $980,000 | 1,470 | 72.3% |
| 104 HAYWARD PLACE | 2026-05 | $760,000 | 1,280 | 64.4% |
| 4 CRESCENT ROAD | 2026-02 | $700,000 | 1,568 | 72.9% |
| 15 MORRISSEE AVENUE | 2026-01 | $430,000 | 1,382 | 91.3% |
| 34 WILLIAM STREET | 2026-01 | $560,000 | 1,280 | 80.5% |
| 113 WALLINGTON AVENUE | 2025-11 | $530,000 | 1,612 | 74.1% |
| 96 KOSTER STREET | 2025-06 | $646,000 | 1,440 | 79.1% |
| 83 ANDERSON AVENUE | 2026-02 | $565,000 | 1,244 | 72.2% |
| 7 AZALEA DRIVE | 2026-03 | $739,000 | 1,465 | 78.0% |
Is this your house?
Run your own report →