The Fair Share Report

6 Apache Dr

Oakland, NJ 07436

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

≈ $1,091,548

Likely range $971,924 – $1,243,471, from 12 comparable Oakland sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

88.79%

The state's official measure of how far Oakland assessments sit below market value — republished every October, applied town-wide. A $1,091,548 home should be assessed near $969,185.

Step 3 · Assessed value

$1,210,400

Set at the last town-wide revaluation and mostly frozen since. That's $241,215 above what the ratio math suggests (24.9%).

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

$2.184 per $100 assessed

$1.397 Schools · 64% $0.235 County · 11% $0.553 Town · 25%

This home's own bill implies $2.021 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$24,463/yr
Public schools$15,641
Bergen County$2,631
Town of Oakland$6,191
Oakland average$13,749

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

Town median 90.1%
This home · 110.9%

77%130%

Paying about right

This home's ratio lands inside Oakland'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
7 VALLEY FORGE RD2026-03$1,600,0004,38297.5%
5 LAURA LN2026-05$1,275,0002,99389.2%
48 BREAKNECK RD2025-02$800,0002,484100.5%
24 BOULDER RUN2025-02$925,0003,25198.3%
1 KINGSLEY-EVANS CIR2025-02$959,9003,24895.0%
8 STONY POINT RD2026-06$2,065,0005,29694.2%
7 CHUCKANUTT DR2025-05$975,0002,90786.4%
42 HUNTERS RUN2026-01$800,0002,862114.2%
38 HUNTERS RUN2025-03$999,9992,86292.2%
150 ANDREW AVE2025-04$1,075,0002,93294.5%
25 PAGE DR2026-04$1,385,0004,12586.4%
39 ANDREW AVE2026-03$1,110,0002,95986.1%

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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 →