The Fair Share Report

70 Eagle Dr

Emerson, NJ 07630

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

≈ $783,392

Likely range $725,384 – $862,378, from 12 comparable Emerson sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

66.48%

The state's official measure of how far Emerson assessments sit below market value — republished every October, applied town-wide. A $783,392 home should be assessed near $520,799.

Step 3 · Assessed value

$424,200

Set at the last town-wide revaluation and mostly frozen since. That's $96,599 below what the ratio math suggests (18.5%).

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

$3.419 per $100 assessed

$2.044 Schools · 60% $0.329 County · 10% $1.046 Town · 31%

This home's own bill implies $3.236 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$13,728/yr
Public schools$8,207
Bergen County$1,321
Town of Emerson$4,200
Emerson average$15,311

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

Town median 55.8%
This home · 54.1%

43%82%

Paying about right

This home's ratio lands inside Emerson'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
49 LONGVIEW DR2025-04$1,076,0001,90654.1%
105 LONGVIEW DR2025-10$1,050,0001,87646.5%
152 DEMAREST AVE2025-08$705,0001,82453.3%
87 REVERE AVE2025-06$711,0001,85066.8%
5 LINDEN AVE2026-03$865,0002,00549.1%
286 SPRUCE AVE2026-01$825,0001,95249.4%
21 LAKEVIEW DR2025-08$775,0001,70456.6%
87 PALISADE AVE2025-12$760,0002,05152.3%
33 DOGWOOD LANE2025-07$750,0002,17755.6%
129 SANFORD AVE2026-04$940,0002,18045.5%
260 FOREST AVE2025-09$710,0002,02556.6%
69 CHESTNUT AVE2025-04$830,0002,15262.7%

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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 →