The Fair Share Report

44 Pine Dr

Emerson, NJ 07630

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

≈ $714,113

Likely range $632,743 – $750,851, from 12 comparable Emerson sales in the past 18 months, at this home's 1,540 sq ft.

Step 2 · The Director's Ratio

66.48%

The state's official measure of how far Emerson assessments sit below market value — republished every October, applied town-wide. A $714,113 home should be assessed near $474,742.

Step 3 · Assessed value

$362,500

Set at the last town-wide revaluation and mostly frozen since. That's $112,242 below what the ratio math suggests (23.6%).

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

$3.419 per $100 assessed

$2.044 Schools · 60% $0.329 County · 10% $1.046 Town · 31%

Step 5 · The bill

$12,398/yr
Public schools$7,412
Bergen County$1,193
Town of Emerson$3,793
Emerson average$15,311

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

Town median 55.8%
This home · 50.8%

43%82%

Paying about right

This home's ratio lands inside Emerson'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
21 LAKEVIEW DR2025-08$775,0001,70456.6%
328 GRAND BLVD2025-12$650,0001,58260.5%
2 HARTLAND AVE2025-08$700,0001,70457.8%
97 WORTENDYKE AVE2026-03$685,0001,63355.5%
16 SYCAMORE AVE2025-07$745,0001,52855.8%
40 FURMAN DR2025-08$715,0001,51252.0%
90 EMWOOD DR2026-05$685,0001,27646.3%
49 LONGVIEW DR2025-04$1,076,0001,90654.1%
87 REVERE AVE2025-06$711,0001,85066.8%
32 PERSHING ST2025-07$630,0001,52862.9%
40 HAINES AVE2025-12$705,0001,48850.3%
105 LONGVIEW DR2025-10$1,050,0001,87646.5%

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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 →