The Fair Share Report

46 Bailey Ave

Hillside, NJ 07205

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

≈ $603,706

Likely range $473,257 – $649,008, from 12 comparable Hillside sales in the past 18 months, at this home's 2,296 sq ft.

Step 2 · The Director's Ratio

24.33%

The state's official measure of how far Hillside assessments sit below market value — republished every October, applied town-wide. A $603,706 home should be assessed near $146,882.

Step 3 · Assessed value

$113,400

Set at the last town-wide revaluation and mostly frozen since. That's $33,482 below what the ratio math suggests (22.8%).

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

$8.899 per $100 assessed

$3.447 Schools · 39% $1.407 County · 16% $4.044 Town · 45%

Step 5 · The bill

$10,091/yr
Public schools$3,909
Union County$1,596
Town of Hillside$4,586
Hillside average$10,961

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

Town median 24.5%
This home · 18.8%

12%36%

Paying about right

This home's ratio lands inside Hillside'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
65 MERTZ AVE2025-08$610,0002,15823.9%
1580 SUMMIT AVE2025-09$451,0002,08528.7%
1467 CENTER ST2026-05$400,0002,33825.2%
244 RYAN ST2026-05$725,0002,03019.1%
244 RYAN ST2026-01$495,0002,03027.9%
1583 WYNDMOOR AVE2025-06$505,0002,45024.6%
18 BEECHWOOD PL2025-08$650,0002,00322.5%
1017 SALEM AVE2025-11$555,0002,01724.7%
220 SILVER AVE2025-12$630,0002,39620.9%
1519 MORRIS PL2025-10$580,0001,91718.2%
81 WILDER ST2025-11$665,0002,35927.2%
284 SHELTON TERR2025-08$400,0002,13630.0%

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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 →