The Fair Share Report

13 Robin Rd

Demarest, NJ 07627

The town catches up with market prices only once a year — and only on average. This report checks whether this house's assessment kept pace.

This home's payments are about right

It sits inside Demarest's normal range — market price changes haven't singled it out. No case for a tax appeal.

Step 1 · Market value

≈ $2,280,617

Likely range $1,949,683 – $2,932,801, from 12 comparable Demarest sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

101.41%

The state's official measure of how far Demarest assessments sit below market value — republished every October, applied town-wide. A $2,280,617 home should be assessed near $2,312,774.

Step 3 · Assessed value

$2,126,100

Set at the last town-wide revaluation and mostly frozen since. That's $186,674 below what the ratio math suggests (8.1%).

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

$1.805 per $100 assessed

$1.149 Schools · 64% $0.219 County · 12% $0.438 Town · 24%

Step 5 · The bill

$38,376/yr
Public schools$24,415
Bergen County$4,654
Town of Demarest$9,307
Demarest average$26,108

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

Town median 92.3%
This home · 93.2%

67%115%

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

AddressSoldPriceSq ftRatio
151 SOUTH ST2025-05$1,950,0004,034101.4%
50 WILLIAM ST2025-05$2,263,6253,98887.0%
124 CROSS ST2025-06$2,027,0003,77791.0%
108 SERPENTINE RD2025-11$2,100,0003,64488.0%
6 STONE BRIDGE COURT2026-04$3,325,0004,26187.0%
337 HARDENBURGH AVE2026-04$2,850,0004,21690.5%
8 BLANCHE AVE2025-05$2,800,0003,87788.7%
436 PIERMONT RD2026-01$1,775,0004,893109.9%
8 STONE BRIDGE COURT2026-05$3,325,0004,47179.2%
58 VAN HORN ST2026-05$1,850,0003,70093.7%
236 HARDENBURGH AVE2025-02$2,800,0005,19295.3%
424 PIERMONT RD2025-07$1,169,0003,572103.0%

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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 →