The Fair Share Report

669 Prospect Ave

Fairview, NJ 07022

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

≈ $563,703

Likely range $494,030 – $646,619, from 12 comparable Fairview sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

79.37%

The state's official measure of how far Fairview assessments sit below market value — republished every October, applied town-wide. A $563,703 home should be assessed near $447,411.

Step 3 · Assessed value

$486,500

Set at the last town-wide revaluation and mostly frozen since. That's $39,089 above what the ratio math suggests (8.7%).

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

$2.275 per $100 assessed

$0.908 Schools · 40% $0.255 County · 11% $1.112 Town · 49%

This home's own bill implies $2.106 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$10,247/yr
Public schools$4,090
Bergen County$1,149
Town of Fairview$5,008
Fairview average$11,467

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

Town median 84.0%
This home · 86.3%

65%109%

Paying about right

This home's ratio lands inside Fairview'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
626 PROSPECT AVE2026-02$525,0001,33076.9%
438 CLIFF ST2025-03$700,0001,46066.3%
308 CHESTNUT ST2025-02$530,0001,22478.1%
319 8TH ST., UNIT 12026-02$655,0001,536103.7%
374 ROOSEVELT ST2025-03$640,0001,57778.6%
615B PROSPECT AVE2026-04$545,0001,19888.2%
143 FULTON AVE2025-03$650,0001,40878.5%
409 SHERMAN PLACE2025-01$580,0001,837104.5%
392 WALKER ST2026-01$630,0001,08070.7%
682A PROBST AVE2025-01$660,0001,78086.9%
745 PROBST AVENUE2025-04$655,0001,92373.5%
411 MC KINLEY ST2026-01$360,0001,056110.9%

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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 →