The Fair Share Report

10 Warren Ln

Alpine, NJ 07620

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

≈ $1,957,127

Likely range $1,101,918 – $2,193,701, from 6 comparable Alpine sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

96.24%

The state's official measure of how far Alpine assessments sit below market value — republished every October, applied town-wide. A $1,957,127 home should be assessed near $1,883,539.

Step 3 · Assessed value

$1,136,300

Set at the last town-wide revaluation and mostly frozen since. That's $747,239 below what the ratio math suggests (39.7%).

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

$0.837 per $100 assessed

$0.382 Schools · 46% $0.246 County · 29% $0.209 Town · 25%

Step 5 · The bill

$9,511/yr
Public schools$4,341
Bergen County$2,795
Town of Alpine$2,375
Alpine average$23,291

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

Town median 80.1%
This home · 58.1%

46%125%

Paying about right

This home's ratio lands inside Alpine'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
915 CLOSTER DOCK ROAD2025-07$3,320,0002,70695.3%
38 DUBOIS AVENUE2025-09$999,0002,26062.9%
35 DOGWOOD LANE2025-01$1,600,0003,30496.0%
84 MILES STREET2025-05$1,350,0001,68046.8%
44 ROBIN LANE2026-05$1,775,0002,417105.6%
27 ALPINE DRIVE2025-12$970,0001,85060.6%

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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 →