The Fair Share Report
641 Maple Ave
Ridgefield, NJ 07657
The town adjusts for market price changes once a year — but only based on the average price change of all homes in the area. This report checks whether this house's assessment kept pace.
This home's payments are about right
It sits inside Ridgefield's normal range — market price changes haven't singled it out. No case for a tax appeal.
Step 1 · Market value
Likely range $747,041 – $975,984, from 12 comparable Ridgefield 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 Ridgefield assessments sit below market value — republished every October, applied town-wide. A $884,608 home should be assessed near $876,381.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $21,481 below what the ratio math suggests (2.5%).
Step 4 · The tax rate — same for every Ridgefield home
$0.963 Schools · 57% $0.229 County · 14% $0.501 Town · 30%
Step 5 · The bill
This home vs. every recent Ridgefield sale · assessed ÷ market
70%120%
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 508 OAK ST | 2025-01 | $960,000 | 2,436 | 89.4% |
| 401 OAK ST | 2026-03 | $900,000 | 2,310 | 88.9% |
| 1036 MAPLE AVE | 2025-04 | $770,000 | 2,488 | 85.9% |
| 397 OAK ST | 2026-06 | $925,000 | 2,310 | 86.0% |
| 324 SHALER BLVD | 2025-05 | $785,000 | 2,460 | 99.2% |
| 396 OAK ST | 2025-01 | $950,000 | 2,128 | 80.8% |
| 899 MAPLE AVE | 2026-02 | $829,000 | 2,406 | 85.9% |
| 657 CLARK AVE. | 2026-04 | $870,000 | 2,450 | 82.0% |
| 800 DE LALLA TERRACE | 2026-06 | $1,150,000 | 2,590 | 76.5% |
| 432 OAK ST | 2026-03 | $999,999 | 2,914 | 91.6% |
| 748 OAK STREET | 2025-01 | $820,000 | 2,912 | 104.4% |
| 468 MORSE AVE. | 2026-01 | $995,000 | 2,704 | 79.9% |
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