The Fair Share Report
75 Third St
Park Ridge, NJ 07656
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 $325,000 – $999,000, from 12 comparable Park Ridge 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 Park Ridge assessments sit below market value — republished every October, applied town-wide. A $867,000 home should be assessed near $556,354.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $46,754 below what the ratio math suggests (8.4%).
Step 4 · The tax rate — same for every Park Ridge home
$2.209 Schools · 66% $0.354 County · 11% $0.769 Town · 23%
Step 5 · The bill
This home vs. every recent Park Ridge sale · assessed ÷ market
40%162%
Paying about right
This home's ratio lands inside Park Ridge'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 |
|---|---|---|---|---|
| 3 OXFORD WELLS | 2026-01 | $947,500 | 2,308 | 51.2% |
| 153 SIBBALD DR | 2025-10 | $851,000 | — | 62.7% |
| 8 LORRAINE DRIVE | 2025-06 | $1,121,000 | — | 48.7% |
| 149 NO MAPLE AVE | 2025-11 | $325,000 | — | 45.2% |
| 141 NO MAPLE AVE | 2025-09 | $340,000 | — | 43.2% |
| 89 NO MAPLE AVE | 2025-09 | $320,000 | — | 47.3% |
| 109 NO MAPLE AVE | 2025-06 | $230,300 | — | 63.8% |
| 6 QUEEN COURT | 2025-11 | $920,000 | — | 54.9% |
| 10 VILLA COURT | 2026-02 | $867,000 | 2,338 | 45.3% |
| 34 LAURA LANE | 2025-01 | $740,000 | — | 73.5% |
| 279 ROCK AVE | 2025-09 | $999,000 | — | 59.9% |
| 16 WINDSOR DRIVE | 2026-03 | $1,050,000 | 2,224 | 43.2% |
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