The Fair Share Report

49 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

≈ $490,337

Likely range $423,225 – $549,098, from 12 comparable Hillside sales in the past 18 months, at this home's 1,782 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 $490,337 home should be assessed near $119,299.

Step 3 · Assessed value

$104,100

Set at the last town-wide revaluation and mostly frozen since. That's $15,199 below what the ratio math suggests (12.7%).

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

$9,264/yr
Public schools$3,589
Union County$1,465
Town of Hillside$4,210
Hillside average$10,961

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

Town median 24.5%
This home · 21.2%

14%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
207 ARTHUR ST2025-06$570,0001,82423.3%
1229 ROBERT ST2026-06$570,0001,70822.6%
1607 SUMMIT AVE2025-01$350,0001,62728.0%
1224 SO BRIGHT ST2025-03$551,0001,85824.5%
15 HOLLYWOOD AVE2025-10$481,0001,56124.2%
1570-72 CLINTON PL2025-11$570,0001,95622.9%
1017 SALEM AVE2025-11$555,0002,01724.7%
553 HARVARD AVE2026-01$470,0001,81920.7%
1573 WYNDMOOR AVE2025-09$245,0001,56531.6%
345 SANFORD AVE2026-04$525,0002,06822.7%
1533 BOND ST2025-06$300,0001,56929.6%
1409 MUNN AVE2025-04$540,0001,56025.3%

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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 →