The Fair Share Report
13 E Elbrook Dr
Allendale, NJ 07401
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 $642,602 – $799,099, from 12 comparable Allendale sales in the past 18 months, at this home's 1,576 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Allendale assessments sit below market value — republished every October, applied town-wide. A $679,859 home should be assessed near $578,628.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $448,572 above what the ratio math suggests (77.5%).
Step 4 · The tax rate — same for every Allendale home
$1.271 Schools · 63% $0.240 County · 12% $0.518 Town · 26%
This home's own bill implies $1.525 per $100 — well off the general rate. That usually means the town revalued since the last bill.
Step 5 · The bill
This home vs. every recent Allendale sale · assessed ÷ market
70%165%
Looks meaningfully over-assessed
Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (97.88%) — roughly $9,106/yr at stake. NJ appeals are generally due April 1.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 111 E ALLENDALE AVE | 2026-03 | $925,000 | 1,806 | 78.8% |
| 2 ALLISON COURT | 2026-02 | $689,900 | 1,692 | 83.9% |
| 8 CRESTWOOD MEWS | 2026-05 | $598,888 | 1,310 | 83.1% |
| 35 TROTTERS LANE | 2025-05 | $676,836 | 1,618 | 90.0% |
| 356 E ALLENDALE AVE | 2026-01 | $855,000 | 1,982 | 89.6% |
| 260 W ALLENDALE AVE | 2026-04 | $800,000 | 1,584 | 74.6% |
| 255 PARK AVE | 2026-06 | $870,000 | 1,704 | 89.6% |
| 86 ELM STREET | 2025-02 | $710,000 | 1,758 | 89.5% |
| 1002 WHITNEY LANE | 2026-04 | $900,000 | 1,775 | 82.8% |
| 2007 WHITNEY LANE | 2025-05 | $725,000 | 1,775 | 98.7% |
| 65 NEW ST | 2025-02 | $660,000 | 1,228 | 213.9% |
| 75 CHEROKEE AVE | 2026-04 | $840,000 | 2,104 | 91.8% |
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