The Fair Share Report

377 Maple Ave

Oradell, NJ 07649

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

≈ $806,000

Likely range $747,085 – $835,739, from 10 comparable Oradell sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

89.20%

The state's official measure of how far Oradell assessments sit below market value — republished every October, applied town-wide. A $806,000 home should be assessed near $718,952.

Step 3 · Assessed value

$604,000

Set at the last town-wide revaluation and mostly frozen since. That's $114,952 below what the ratio math suggests (16.0%).

Step 4 · The tax rate — same for every Oradell home

$2.295 per $100 assessed

$1.353 Schools · 59% $0.237 County · 10% $0.705 Town · 31%

This home's own bill implies $2.146 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$12,962/yr
Public schools$7,642
Bergen County$1,339
Town of Oradell$3,982
Oradell average$18,178

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

Town median 88.7%
This home · 74.9%

67%132%

Keep quiet and enjoy it

This home's assessment ratio sits below the Oradell pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
197 ELIZABETH STREET2025-05$750,0001,50097.0%
604 COOPER AVE2025-04$760,0001,58185.1%
487 FIRST ST2025-02$835,0001,77981.8%
575 FLETCHER AVE2025-02$690,0001,28786.9%
636 MARTIN AVE2025-02$1,450,0002,33284.9%
714 VILLAGE ROAD2025-03$865,0002,381126.2%
976 CORDES COURT2025-05$1,315,0002,57181.6%
787 SCHAEFER AVE2026-02$1,050,0002,32888.7%
503 REIS AVENUE2025-05$600,0001,16496.6%
862 BATTEL PLACE2025-03$1,325,0003,00492.0%

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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 →