The Fair Share Report
699 E Dr
Oradell, NJ 07649
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 Oradell's normal range — market price changes haven't singled it out. No case for a tax appeal.
Step 1 · Market value
Likely range $1,110,239 – $1,274,037, from 10 comparable Oradell 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 Oradell assessments sit below market value — republished every October, applied town-wide. A $1,153,290 home should be assessed near $1,028,735.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $74,465 above what the ratio math suggests (7.2%).
Step 4 · The tax rate — same for every Oradell home
$1.353 Schools · 59% $0.237 County · 10% $0.705 Town · 31%
This home's own bill implies $2.124 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Oradell sale · assessed ÷ market
74%132%
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 684 IROQUOIS ST | 2025-02 | $1,473,800 | 2,910 | 74.8% |
| 683 BRIARWOOD COURT | 2025-05 | $1,367,000 | 2,936 | 83.4% |
| 976 CORDES COURT | 2025-05 | $1,315,000 | 2,571 | 81.6% |
| 787 SCHAEFER AVE | 2026-02 | $1,050,000 | 2,328 | 88.7% |
| 636 MARTIN AVE | 2025-02 | $1,450,000 | 2,332 | 84.9% |
| 714 VILLAGE ROAD | 2025-03 | $865,000 | 2,381 | 126.2% |
| 862 BATTEL PLACE | 2025-03 | $1,325,000 | 3,004 | 92.0% |
| 766 ORADELL AVENUE | 2025-06 | $1,350,000 | 2,946 | 91.2% |
| 487 FIRST ST | 2025-02 | $835,000 | 1,779 | 81.8% |
| 959 SOLDIER HILL RD | 2025-02 | $755,000 | 3,318 | 130.3% |
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