The Fair Share Report
6 E Ct
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $1,039,974 – $1,369,787, from 12 comparable Oakland sales in the past 18 months (home size estimated from assessor data — range widened).
Step 2 · The Director's Ratio
The state's official measure of how far Oakland assessments sit below market value — republished every October, applied town-wide. A $1,222,873 home should be assessed near $1,085,789.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $77,111 above what the ratio math suggests (7.1%).
Step 4 · The tax rate — same for every Oakland home
$1.397 Schools · 64% $0.235 County · 11% $0.553 Town · 25%
This home's own bill implies $2.023 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Oakland sale · assessed ÷ market
77%117%
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 11 LOYOLA PL | 2026-01 | $730,000 | 3,608 | 101.6% |
| 39 ANDREW AVE | 2026-03 | $1,110,000 | 2,959 | 86.1% |
| 150 ANDREW AVE | 2025-04 | $1,075,000 | 2,932 | 94.5% |
| 140 IROQUOIS AVE | 2025-04 | $839,000 | 2,753 | 93.3% |
| 72 CHEROKEE TRL | 2025-02 | $780,000 | 2,622 | 108.5% |
| 83 THACKERAY RD | 2025-04 | $880,000 | 2,692 | 88.5% |
| 7 CHUCKANUTT DR | 2025-05 | $975,000 | 2,907 | 86.4% |
| 101 W OAKLAND AVE | 2025-05 | $1,175,000 | 3,060 | 78.5% |
| 90 GROVE ST | 2025-03 | $725,000 | 2,496 | 108.2% |
| 16 CARDINAL DR | 2025-03 | $999,000 | 2,512 | 90.1% |
| 25 PAGE DR | 2026-04 | $1,385,000 | 4,125 | 86.4% |
| 81 CHUCKANUTT DR | 2025-05 | $1,106,000 | 2,238 | 76.7% |
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