The Fair Share Report
39 Third St
Park Ridge, NJ 07656
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 $600,374 – $861,914, from 12 comparable Park Ridge 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 Park Ridge assessments sit below market value — republished every October, applied town-wide. A $743,574 home should be assessed near $477,151.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $50,751 below what the ratio math suggests (10.6%).
Step 4 · The tax rate — same for every Park Ridge home
$2.209 Schools · 66% $0.354 County · 11% $0.769 Town · 23%
Step 5 · The bill
This home vs. every recent Park Ridge sale · assessed ÷ market
40%79%
Paying about right
This home's ratio lands inside Park Ridge'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 |
|---|---|---|---|---|
| 39 HIGHVIEW AVE | 2026-01 | $912,000 | 1,472 | 46.9% |
| 203 PASCACK RD | 2025-09 | $509,635 | — | 57.8% |
| 117 119 RIDGE AVE | 2025-12 | $941,000 | — | 51.4% |
| 57 PASCACK ROAD | 2025-05 | $410,000 | 1,479 | 74.8% |
| 47 HIGHVIEW AVE | 2025-11 | $1,125,000 | — | 50.7% |
| 15 WEST PARK AVE | 2025-12 | $763,000 | 1,435 | 44.9% |
| 39 NO FIFTH ST | 2025-09 | $795,000 | 1,264 | 45.7% |
| 97 LAFAYETTE AVE | 2025-07 | $720,000 | — | 59.7% |
| 282 SPRING VALLEY | 2026-02 | $653,000 | 1,204 | 52.8% |
| 14 THIRD STREET CO | 2025-02 | $710,000 | — | 57.9% |
| 30 RIDGE AVE | 2025-02 | $700,000 | — | 45.6% |
| 49 MILL ROAD | 2026-02 | $800,000 | 1,782 | 59.4% |
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