The Fair Share Report

121 Westview Ave

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

≈ $770,274

Likely range $743,632 – $853,093, from 12 comparable Paramus sales in the past 18 months, at this home's 1,256 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 $770,274 home should be assessed near $718,666.

Step 3 · Assessed value

$567,400

Set at the last town-wide revaluation and mostly frozen since. That's $151,266 below what the ratio math suggests (21.0%).

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 $1.414 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$8,026/yr
Public schools$3,796
Bergen County$1,290
Town of Paramus$2,939
Paramus average$13,058

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

Town median 89.0%
This home · 73.7%

61%114%

Keep quiet and enjoy it

This home's assessment ratio sits below the Paramus pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.

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

AddressSoldPriceSq ftRatio
271 CENTRAL AVE2025-01$770,0001,16986.8%
406 TERHUNE AVENUE2025-04$746,0001,26080.0%
590 BIRCHWOOD ROAD2026-03$850,0001,24673.2%
236 WOODCREST RD2025-03$830,0001,222107.8%
682 SYCAMORE ST2025-01$732,0001,21093.6%
109 WEST VIEW AVE2025-03$580,00090074.6%
395 HICKORY AVE.2025-05$710,0001,50399.0%
106 FARVIEW AVENUE2025-03$999,0001,52678.9%
85 OLIVER ROAD2026-04$815,0001,35282.1%
197 FREDRICK STREET2025-06$850,0001,38674.4%
217 CONCORD DRIVE2026-02$700,0001,38888.2%
210 DENVER ROAD2025-05$850,0001,39281.5%

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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 →