The Fair Share Report

477 Walker St

Fairview, NJ 07010

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

≈ $778,983

Likely range $709,788 – $918,065, from 12 comparable Fairview sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

79.37%

The state's official measure of how far Fairview assessments sit below market value — republished every October, applied town-wide. A $778,983 home should be assessed near $618,279.

Step 3 · Assessed value

$735,700

Set at the last town-wide revaluation and mostly frozen since. That's $117,421 above what the ratio math suggests (19.0%).

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

$2.275 per $100 assessed

$0.908 Schools · 40% $0.255 County · 11% $1.112 Town · 49%

This home's own bill implies $2.102 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$15,465/yr
Public schools$6,173
Bergen County$1,733
Town of Fairview$7,559
Fairview average$11,467

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

Town median 84.0%
This home · 94.4%

65%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)

AddressSoldPriceSq ftRatio
503 PARK AVE2025-03$484,6902,474119.9%
684 GREELEY AVE2025-02$775,0002,31279.5%
214 MORRIS ST2026-05$930,0002,29671.9%
410 CLIFF ST2026-02$600,0001,94286.0%
385A ROOSEVELT ST.2026-04$860,0002,43684.0%
307 FAIRVIEW AVE2026-02$670,0003,18290.9%
689 FAIRVIEW AVE2025-01$850,0002,17667.5%
412 MORNINGSIDE AVE2025-01$740,0001,88081.7%
745 PROBST AVENUE2025-04$655,0001,92373.5%
465B CLIFF ST2026-02$740,0002,07086.7%
374 ROOSEVELT ST2025-03$640,0001,57778.6%
409 SHERMAN PLACE2025-01$580,0001,837104.5%

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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 →