The Fair Share Report
336 Devon Ct
Ridgewood, NJ 07450
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 $1,144,509 – $1,227,800, from 12 comparable Ridgewood sales in the past 18 months, at this home's 2,160 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Ridgewood assessments sit below market value — republished every October, applied town-wide. A $1,184,644 home should be assessed near $716,947.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $23,847 below what the ratio math suggests (3.3%).
Step 4 · The tax rate — same for every Ridgewood home
$1.801 Schools · 62% $0.347 County · 12% $0.742 Town · 26%
Step 5 · The bill
This home vs. every recent Ridgewood sale · assessed ÷ market
38%75%
Paying about right
This home's ratio lands inside Ridgewood'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 |
|---|---|---|---|---|
| 360 UPPER BLVD | 2025-02 | $1,217,000 | 2,141 | 49.3% |
| 485 STERLING PL | 2025-11 | $1,125,000 | 2,009 | 46.2% |
| 355 KENSINGTON DR. | 2026-03 | $1,350,000 | 2,129 | 44.1% |
| 343 DOWNS ST | 2025-01 | $1,160,000 | 2,046 | 48.1% |
| 478 HUNTER RD | 2025-08 | $1,200,000 | 2,208 | 45.6% |
| 259 W GLEN AVE | 2026-04 | $816,000 | 2,353 | 56.8% |
| 202 N WALNUT ST | 2025-08 | $1,250,000 | 2,241 | 51.9% |
| 303 PERSHING AVE | 2026-05 | $1,500,000 | 2,192 | 40.3% |
| 156 JEFFER CT. | 2025-05 | $1,210,000 | 2,386 | 52.4% |
| 475 STEVENS AVE | 2025-06 | $1,010,000 | 1,854 | 52.1% |
| 440 ALBIN CT | 2025-01 | $780,000 | 1,986 | 71.7% |
| 33 E GLEN AVE | 2025-12 | $1,200,000 | 2,188 | 50.1% |
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