The Fair Share Report
1 Eugene Rd
Saddle River, NJ 07508
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 $1,294,795 – $2,018,679, 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 $1,682,478 home should be assessed near $1,473,178.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $511,278 below what the ratio math suggests (34.7%).
Step 4 · The tax rate — same for every Saddle River home
$0.392 Schools · 37% $0.242 County · 23% $0.434 Town · 41%
This home's own bill implies $0.654 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Saddle River sale · assessed ÷ market
42%105%
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 |
|---|---|---|---|---|
| 165 CORTLAND DRIVE | 2026-05 | $2,450,000 | 3,667 | 59.5% |
| 173 CORTLAND DRIVE | 2025-07 | $2,200,000 | 3,689 | 65.8% |
| 22 CHRISTOPHER PLACE | 2025-08 | $1,435,000 | 3,474 | 78.5% |
| 5 ELDEN DRIVE | 2025-12 | $2,200,000 | 3,585 | 63.7% |
| 2 E. SADDLE RIVER ROAD | 2025-07 | $1,730,000 | 3,466 | 71.3% |
| 198 HARVEST WAY | 2025-01 | $2,550,000 | 4,280 | 65.8% |
| 8 ADAMS ROAD | 2025-08 | $950,000 | 2,881 | 89.4% |
| 47 TWIN BROOKS ROAD | 2025-12 | $2,350,000 | 2,817 | 55.4% |
| 136 CHESTNUT RIDGE ROAD | 2025-12 | $1,650,000 | 3,396 | 67.5% |
| 61 WEST SADDLE RIVER RD. | 2026-04 | $1,250,000 | 4,480 | 81.0% |
| 134 CORTLAND DRIVE | 2025-10 | $2,650,000 | 4,778 | 66.9% |
| 2 WEST GATE ROAD | 2025-11 | $2,250,000 | 4,553 | 66.7% |
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