The Fair Share Report

105 Cir Dr

Paramus, NJ 07652

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

≈ $844,184

Likely range $766,688 – $869,975, from 12 comparable Paramus sales in the past 18 months, at this home's 1,562 sq ft.

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 $844,184 home should be assessed near $787,624.

Step 3 · Assessed value

$738,200

Set at the last town-wide revaluation and mostly frozen since. That's $49,424 below what the ratio math suggests (6.3%).

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 $1.400 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$10,333/yr
Public schools$4,887
Bergen County$1,661
Town of Paramus$3,784
Paramus average$13,058

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

Town median 89.0%
This home · 87.4%

65%114%

Paying about right

This home's ratio lands inside Paramus'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
817 ALDEN ROAD2025-05$855,0001,56083.8%
223 DIANE PLACE2026-01$925,0001,58270.5%
598 FALMOUTH AVE2025-02$750,0001,528112.1%
331 ELLEN PLACE2026-01$880,0001,58085.8%
199 REID WAY2025-02$650,0001,531106.8%
122 ARNOT PLACE2026-05$866,0001,56179.7%
786 WYNETTA PLACE2025-04$779,0001,55451.6%
247 GORDEN DRIVE2025-04$815,0001,508122.3%
165 HEBBERD AVENUE2026-02$695,0001,49295.7%
331 LOCKWOOD DRIVE2025-05$850,0001,63658.5%
190 DENVER RD2025-05$830,0001,488102.2%
296 MONTANA STREET2025-02$808,5001,653219.7%

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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 →