The Fair Share Report

57 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.

Step 1 · Market value

≈ $502,521

Likely range $475,184 – $583,682, from 12 comparable Wallington sales in the past 18 months, at this home's 1,452 sq ft.

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 $502,521 home should be assessed near $486,239.

Step 3 · Assessed value

$298,300

Set at the last town-wide revaluation and mostly frozen since. That's $187,939 below what the ratio math suggests (38.7%).

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

$5,817/yr
Public schools$3,014
Bergen County$674
Town of Wallington$2,129
Wallington average$11,372

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

Town median 81.5%
This home · 59.4%

46%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
83 ANDERSON AVENUE2026-02$565,0001,24472.2%
15 MORRISSEE AVENUE2026-01$430,0001,38291.3%
121 HALSTEAD AVENUE2026-06$115,00045.0%
187 WALLINGTON AVENUE2025-08$648,0001,61275.8%
196 HAYWARD PLACE2026-01$557,0001,70276.0%
17 BOND STREET2025-12$545,0001,65662.7%
112 LESTER STREET2025-11$770,0001,95869.4%
40 JORDAN AVENUE2025-04$410,0001,21694.9%
159 ANDERSON AVENUE2026-02$570,0001,22467.8%
28 LESTER STREET2025-07$615,0001,77774.4%
113 WALLINGTON AVENUE2025-11$530,0001,61274.1%
15 TUTTLE STREET2026-04$500,0002,09693.4%

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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 →