The Fair Share Report

97 Halstead Ave

Wallington, NJ 07057

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

≈ $814,918

Likely range $671,163 – $926,862, from 12 comparable Wallington sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

96.76%

The state's official measure of how far Wallington assessments sit below market value — republished every October, applied town-wide. A $814,918 home should be assessed near $788,515.

Step 3 · Assessed value

$637,400

Set at the last town-wide revaluation and mostly frozen since. That's $151,115 below what the ratio math suggests (19.2%).

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

$1.950 per $100 assessed

$1.011 Schools · 52% $0.226 County · 12% $0.714 Town · 37%

Step 5 · The bill

$12,429/yr
Public schools$6,441
Bergen County$1,440
Town of Wallington$4,549
Wallington average$11,372

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

Town median 81.5%
This home · 78.2%

62%105%

Paying about right

This home's ratio lands inside Wallington'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
131 PATERSON AVENUE2026-05$780,0002,21983.0%
119 HALSTEAD AVENUE2026-03$765,0002,58775.1%
92 MAPLE AVENUE2025-11$855,5001,98669.1%
125 MAPLE AVENUE2025-05$710,0002,70092.3%
91 HALSTEAD AVENUE2026-01$885,0002,28862.4%
46-48 TUTTLE STREET2025-02$1,335,0002,06575.2%
273 MAPLE AVENUE2025-04$670,0002,46079.5%
10 STRONG STREET2025-07$730,0002,14489.7%
242 MAIN AVENUE2026-02$675,0002,22683.4%
37 WILLIAM STREET2025-01$626,0001,80083.8%
69 KOSSUTH STREET2026-01$650,0002,30794.6%
10 JARICO DRIVE2025-12$800,0002,306108.5%

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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 →