The Fair Share Report

422 Third St

Oradell, NJ 07649

The town catches up with market prices only once a year — and only on average. This report checks whether this house's assessment kept pace.

This home's payments are about right

It sits inside Oradell's normal range — market price changes haven't singled it out. No case for a tax appeal.

Step 1 · Market value

≈ $1,984,412

Likely range $1,694,596 – $2,116,024, from 7 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 $1,984,412 home should be assessed near $1,770,096.

Step 3 · Assessed value

$1,554,100

Set at the last town-wide revaluation and mostly frozen since. That's $215,996 below what the ratio math suggests (12.2%).

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 $2.059 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$31,997/yr
Public schools$18,864
Bergen County$3,304
Town of Oradell$9,829
Oradell average$18,178

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

Town median 88.7%
This home · 78.3%

68%132%

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

AddressSoldPriceSq ftRatio
680 SOLDIER HILL ROAD2026-03$1,690,0004,36691.0%
766 ORADELL AVENUE2025-06$1,350,0002,94691.2%
862 BATTEL PLACE2025-03$1,325,0003,00492.0%
684 IROQUOIS ST2025-02$1,473,8002,91074.8%
683 BRIARWOOD COURT2025-05$1,367,0002,93683.4%
959 SOLDIER HILL RD2025-02$755,0003,318130.3%
976 CORDES COURT2025-05$1,315,0002,57181.6%

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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 →