The Fair Share Report
49 Maple Ave
Wallington, NJ 07057
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.
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Step 1 · Market value
Likely range $347,286 – $479,657, from 12 comparable Wallington sales in the past 18 months, at this home's 1,030 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Wallington assessments sit below market value — republished every October, applied town-wide. A $418,491 home should be assessed near $404,932.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $151,032 below what the ratio math suggests (37.3%).
Step 4 · The tax rate — same for every Wallington home
$1.011 Schools · 52% $0.226 County · 12% $0.714 Town · 37%
Step 5 · The bill
This home vs. every recent Wallington sale · assessed ÷ market
47%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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 159 ANDERSON AVENUE | 2026-02 | $570,000 | 1,224 | 67.8% |
| 121 HALSTEAD AVENUE | 2026-06 | $115,000 | — | 45.0% |
| 83 ANDERSON AVENUE | 2026-02 | $565,000 | 1,244 | 72.2% |
| 187 WALLINGTON AVENUE | 2025-08 | $648,000 | 1,612 | 75.8% |
| 40 JORDAN AVENUE | 2025-04 | $410,000 | 1,216 | 94.9% |
| 57 MAPLE AVENUE | 2025-08 | $460,000 | 1,452 | 64.8% |
| 39 ROSS ROAD | 2025-08 | $481,008 | 1,265 | 85.6% |
| 37 ROSS ROAD | 2025-08 | $500,000 | 1,276 | 81.5% |
| 260 MAPLE AVENUE | 2025-04 | $725,000 | 1,444 | 80.3% |
| 3 ROSS ROAD | 2026-01 | $544,000 | 1,229 | 73.0% |
| 43 FIRST STREET | 2025-05 | $220,000 | 684 | 110.5% |
| 34 WILLIAM STREET | 2026-01 | $560,000 | 1,280 | 80.5% |
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