The Fair Share Report
1 Elden Dr
Saddle River, NJ 07458
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 $3,169,200 – $4,566,190, from 12 comparable Saddle River 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 Saddle River assessments sit below market value — republished every October, applied town-wide. A $3,542,350 home should be assessed near $3,101,682.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $150,918 above what the ratio math suggests (4.9%).
Step 4 · The tax rate — same for every Saddle River home
$0.392 Schools · 37% $0.242 County · 23% $0.434 Town · 41%
Step 5 · The bill
This home vs. every recent Saddle River sale · assessed ÷ market
54%108%
Paying about right
This home's ratio lands inside Saddle River'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 |
|---|---|---|---|---|
| 2 ALFORD DRIVE | 2026-05 | $4,125,000 | 7,925 | 87.0% |
| 188 E. SADDLE RIVER ROAD | 2025-10 | $3,912,500 | 6,843 | 70.3% |
| 186 E SADDLE RIVER RD | 2026-01 | $2,742,500 | 7,346 | 95.6% |
| 10 CEDARWOOD LANE | 2026-05 | $4,395,000 | 7,987 | 70.0% |
| 45 ACKERMAN ROAD | 2026-01 | $4,690,000 | 7,597 | 85.2% |
| 4 PINE TREE DRIVE | 2025-02 | $2,725,000 | 7,771 | 99.5% |
| 43 CHESTNUT RIDGE ROAD | 2025-08 | $4,750,000 | 9,480 | 76.3% |
| 24 BURNING HOLLOW ROAD | 2025-07 | $4,200,000 | 9,766 | 75.3% |
| 1 TANBARK TRAIL | 2025-11 | $2,500,000 | 6,180 | 69.3% |
| 10 ALFORD DRIVE | 2025-03 | $4,300,000 | 9,306 | 92.4% |
| 2 LOOKOUT DRIVE | 2025-11 | $3,600,000 | 8,118 | 86.1% |
| 17 POWDER HILL ROAD | 2025-06 | $3,750,000 | 6,794 | 58.1% |
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