The Fair Share Report

138 Sunset

Dumont, NJ 07628

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

≈ $587,040

Likely range $558,367 – $631,648, from 12 comparable Dumont sales in the past 18 months, at this home's 1,324 sq ft.

Step 2 · The Director's Ratio

95.31%

The state's official measure of how far Dumont assessments sit below market value — republished every October, applied town-wide. A $587,040 home should be assessed near $559,508.

Step 3 · Assessed value

$626,900

Set at the last town-wide revaluation and mostly frozen since. That's $67,392 above what the ratio math suggests (12.0%).

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

$2.340 per $100 assessed

$1.304 Schools · 56% $0.233 County · 10% $0.803 Town · 34%

This home's own bill implies $2.175 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$13,633/yr
Public schools$7,597
Bergen County$1,357
Town of Dumont$4,678
Dumont average$13,046

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

Town median 92.0%
This home · 106.8%

77%121%

A touch high — worth watching

This home's ratio sits above most of Dumont, but doesn't clear NJ's legal appeal line (100.00%).

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

AddressSoldPriceSq ftRatio
40 DEPEW ST2026-04$625,0001,48288.3%
91 LARCH AVE2025-04$685,0001,33188.0%
9 HICKORY2025-01$589,0001,33993.6%
211 BEDFORD RD2026-03$750,0001,46874.9%
88 CEDAR RD2026-02$770,0001,61480.4%
15 PLEASANT STREET2026-05$785,0001,50877.1%
61 WYANDOTTE AVE2025-02$563,0001,28896.7%
38 HARDING AVE2025-05$725,0001,58086.6%
135 PARK AVE2025-05$650,0001,46687.6%
37 W REVERE DR2025-04$490,0001,442128.7%
175 BEDFORD RD2026-02$650,0001,71798.3%
100 ROMANO DR2025-05$625,0001,35092.0%

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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 →