The Fair Share Report
398 Walker St
Fairview, NJ 07022
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 $538,287 – $691,866, from 12 comparable Fairview 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 Fairview assessments sit below market value — republished every October, applied town-wide. A $601,446 home should be assessed near $477,368.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $9,168 below what the ratio math suggests (1.9%).
Step 4 · The tax rate — same for every Fairview home
$0.908 Schools · 40% $0.255 County · 11% $1.112 Town · 49%
This home's own bill implies $2.098 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Fairview sale · assessed ÷ market
62%109%
Paying about right
This home's ratio lands inside Fairview'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 |
|---|---|---|---|---|
| 143 FULTON AVE | 2025-03 | $650,000 | 1,408 | 78.5% |
| 438 CLIFF ST | 2025-03 | $700,000 | 1,460 | 66.3% |
| 374 ROOSEVELT ST | 2025-03 | $640,000 | 1,577 | 78.6% |
| 412 MORNINGSIDE AVE | 2025-01 | $740,000 | 1,880 | 81.7% |
| 410 CLIFF ST | 2026-02 | $600,000 | 1,942 | 86.0% |
| 409 SHERMAN PLACE | 2025-01 | $580,000 | 1,837 | 104.5% |
| 319 8TH ST., UNIT 1 | 2026-02 | $655,000 | 1,536 | 103.7% |
| 411 MC KINLEY ST | 2026-01 | $360,000 | 1,056 | 110.9% |
| 465 WALKER ST | 2026-01 | $425,000 | 932 | 77.7% |
| 626 PROSPECT AVE | 2026-02 | $525,000 | 1,330 | 76.9% |
| 425 HANCOCK PL | 2025-06 | $460,000 | 1,185 | 73.2% |
| 745 PROBST AVENUE | 2025-04 | $655,000 | 1,923 | 73.5% |
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