The Fair Share Report

45 Maple Ave

Wallington, NJ 07004

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

≈ $477,405

Likely range $380,336 – $560,788, from 12 comparable Wallington sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

96.76%

The state's official measure of how far Wallington assessments sit below market value — republished every October, applied town-wide. A $477,405 home should be assessed near $461,937.

Step 3 · Assessed value

$274,900

Set at the last town-wide revaluation and mostly frozen since. That's $187,037 below what the ratio math suggests (40.5%).

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

$1.950 per $100 assessed

$1.011 Schools · 52% $0.226 County · 12% $0.714 Town · 37%

Step 5 · The bill

$5,361/yr
Public schools$2,778
Bergen County$621
Town of Wallington$1,962
Wallington average$11,372

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

Town median 81.5%
This home · 57.6%

44%105%

Keep quiet and enjoy it

This home's assessment ratio sits below the Wallington pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.

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

AddressSoldPriceSq ftRatio
159 ANDERSON AVENUE2026-02$570,0001,22467.8%
121 HALSTEAD AVENUE2026-06$115,00045.0%
83 ANDERSON AVENUE2026-02$565,0001,24472.2%
187 WALLINGTON AVENUE2025-08$648,0001,61275.8%
39 ROSS ROAD2025-08$481,0081,26585.6%
40 JORDAN AVENUE2025-04$410,0001,21694.9%
37 ROSS ROAD2025-08$500,0001,27681.5%
3 ROSS ROAD2026-01$544,0001,22973.0%
57 MAPLE AVENUE2025-08$460,0001,45264.8%
34 WILLIAM STREET2026-01$560,0001,28080.5%
104 HAYWARD PLACE2026-05$760,0001,28064.4%
260 MAPLE AVENUE2025-04$725,0001,44480.3%

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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 →