The Fair Share Report
120 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $917,592 – $2,026,008, from 12 comparable Tenafly 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 Tenafly assessments sit below market value — republished every October, applied town-wide. A $1,486,924 home should be assessed near $955,349.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $494,651 above what the ratio math suggests (51.8%).
Step 4 · The tax rate — same for every Tenafly home
$1.924 Schools · 65% $0.332 County · 11% $0.716 Town · 24%
Step 5 · The bill
This home vs. every recent Tenafly sale · assessed ÷ market
36%163%
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 29 ENGLE ST | 2025-06 | $999,000 | 2,628 | 61.8% |
| 54 WINDSOR RD | 2025-04 | $999,900 | 2,550 | 33.4% |
| 99 OXFORD DR | 2025-11 | $2,350,000 | 2,845 | 56.6% |
| 258 HIGHWOOD AVE | 2026-06 | $1,780,000 | 3,140 | 64.6% |
| 21 HOWARD PARK DR | 2025-01 | $1,700,000 | 2,633 | 34.4% |
| 20 NORMAN PL | 2025-06 | $1,700,000 | 2,724 | 48.2% |
| 310 DEVON RD | 2025-07 | $2,750,000 | 3,342 | 48.3% |
| 72 DOWNEY DR | 2025-12 | $999,000 | 2,939 | 79.0% |
| 29 ENGLE ST | 2026-01 | $858,500 | 2,276 | 58.8% |
| 83 NORMAN PL | 2026-05 | $1,650,000 | 2,693 | 46.6% |
| 111 ENGLE ST | 2025-08 | $1,235,000 | 2,397 | 38.1% |
| 22 OLD SMITH RD | 2026-01 | $1,925,000 | 3,503 | 73.1% |
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