The Fair Share Report

39 Wheaton Pl

Rutherford, NJ 07070

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

≈ $1,068,858

Likely range $882,475 – $1,281,460, from 12 comparable Rutherford sales in the past 18 months, at this home's 2,926 sq ft.

Step 2 · The Director's Ratio

66.39%

The state's official measure of how far Rutherford assessments sit below market value — republished every October, applied town-wide. A $1,068,858 home should be assessed near $709,615.

Step 3 · Assessed value

$770,800

Set at the last town-wide revaluation and mostly frozen since. That's $61,185 above what the ratio math suggests (8.6%).

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

$3.199 per $100 assessed

$1.890 Schools · 59% $0.321 County · 10% $0.987 Town · 31%

Step 5 · The bill

$24,666/yr
Public schools$14,577
Bergen County$2,476
Town of Rutherford$7,613
Rutherford average$14,060

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

Town median 58.1%
This home · 72.1%

44%93%

Paying about right

This home's ratio lands inside Rutherford'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
165 HOME AVENUE2025-01$925,0003,06753.0%
29 RAYMOND AVENUE2025-07$1,325,0002,80851.6%
301 MORTIMER AVENUE2025-05$1,250,0002,65344.6%
200 JACKSON AVENUE2025-02$810,0002,76661.7%
73 ADDISON AVE2025-12$960,0002,62858.6%
85 BECKWITH PLACE2025-12$999,9992,98461.8%
88 MONTROSS AVE2026-03$1,050,0002,50059.5%
8 DEAN COURT2026-05$1,260,0002,95645.1%
320 ORIENT WAY2025-09$875,0003,10454.9%
190 ORIENT WAY2025-02$705,0003,64389.3%
262 MOUNTAIN WAY2025-04$1,200,0002,74052.8%
246 SPRINGFIELD AVE2026-05$1,215,0002,74350.2%

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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 →