The Fair Share Report

100 Devriese Ct

Tenafly, NJ 07670

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

≈ $2,433,429

Likely range $2,036,564 – $2,738,079, from 12 comparable Tenafly sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

64.25%

The state's official measure of how far Tenafly assessments sit below market value — republished every October, applied town-wide. A $2,433,429 home should be assessed near $1,563,478.

Step 3 · Assessed value

$1,775,000

Set at the last town-wide revaluation and mostly frozen since. That's $211,522 above what the ratio math suggests (13.5%).

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

$2.972 per $100 assessed

$1.924 Schools · 65% $0.332 County · 11% $0.716 Town · 24%

Step 5 · The bill

$52,771/yr
Public schools$34,162
Bergen County$5,895
Town of Tenafly$12,713
Tenafly average$25,123

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

Town median 54.4%
This home · 72.9%

36%93%

A touch high — worth watching

This home's ratio sits above most of Tenafly, but doesn't clear NJ's legal appeal line (73.89%).

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

AddressSoldPriceSq ftRatio
149 MAGNOLIA AVE2025-12$2,515,0003,85450.7%
156 MAGNOLIA AVE2025-04$2,300,0003,44148.5%
85 LYLEWOOD DR2025-07$2,400,0003,34147.9%
21 HASTINGS DR2025-01$2,320,0004,18347.2%
92 PARK ST2025-05$2,750,0004,39352.0%
47 OXFORD DR2025-06$3,300,0003,88747.7%
67 NORMAN PL2026-06$2,890,0004,35448.4%
67 PARK ST2025-10$2,850,0003,79857.9%
258 HIGHWOOD AVE2026-06$1,780,0003,14064.6%
23 FARVIEW RD2026-05$2,625,0003,90062.1%
310 DEVON RD2025-07$2,750,0003,34248.3%
20 NORMAN PL2025-06$1,700,0002,72448.2%

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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 →