The Fair Share Report

100 Benton Rd

Paramus, NJ 07652

The town adjusts for market price changes once a year — but only based on the average price change of all homes in the area. This report checks whether this house's assessment kept pace.

This home's payments are about right

It sits inside Paramus's normal range — market price changes haven't singled it out. No case for a tax appeal.

Step 1 · Market value

≈ $852,078

Likely range $764,591 – $923,802, from 12 comparable Paramus sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

93.30%

The state's official measure of how far Paramus assessments sit below market value — republished every October, applied town-wide. A $852,078 home should be assessed near $794,989.

Step 3 · Assessed value

$650,000

Set at the last town-wide revaluation and mostly frozen since. That's $144,989 below what the ratio math suggests (18.2%).

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

$1.499 per $100 assessed

$0.709 Schools · 47% $0.241 County · 16% $0.549 Town · 37%

This home's own bill implies $1.393 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$9,055/yr
Public schools$4,283
Bergen County$1,456
Town of Paramus$3,317
Paramus average$13,058

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

Town median 89.0%
This home · 76.3%

65%114%

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
331 LOCKWOOD DRIVE2025-05$850,0001,63658.5%
296 MONTANA STREET2025-02$808,5001,653219.7%
490 WILSON AVENUE2026-01$835,0001,64577.2%
149 VILLAGE CIRCLE W2026-02$840,0001,65775.6%
223 DIANE PLACE2026-01$925,0001,58270.5%
295 GEORGIAN DRIVE2026-03$882,0001,61680.7%
331 ELLEN PLACE2026-01$880,0001,58085.8%
761 CATHY ANN COURT2025-02$850,0001,61696.0%
245 SPRING VALLEY RD2025-03$750,0001,66957.1%
326 SOUTH DRIVE2026-05$700,0001,712104.0%
416 VALLEY VIEW AVE2025-04$728,8881,66396.3%
105 CIRCLE DRIVE2026-04$890,0001,56282.9%

Is this your house?

Run your own report →