The Fair Share Report

155 Stuart St

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

≈ $2,153,646

Likely range $1,883,852 – $2,263,215, from 12 comparable Paramus sales in the past 18 months (home size estimated from assessor data — range widened).

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 $2,153,646 home should be assessed near $2,009,352.

Step 3 · Assessed value

$1,961,300

Set at the last town-wide revaluation and mostly frozen since. That's $48,052 below what the ratio math suggests (2.4%).

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%

Step 5 · The bill

$36,487/yr
Public schools$17,258
Bergen County$5,866
Town of Paramus$13,363
Paramus average$13,058

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

Town median 89.0%
This home · 91.1%

65%114%

Paying about right

This home's ratio lands inside Paramus's normal band. The drift hasn't singled it out — no case for a tax appeal.

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

AddressSoldPriceSq ftRatio
415 BAILEY ROAD2026-02$1,760,0003,928121.0%
121 CIRCLE DRIVE2026-03$2,150,0003,928103.4%
295 HAYWOOD DR2025-04$2,200,0003,85798.3%
519 GREEN VALLEY RD.2025-03$1,750,00099.8%
151 STUART ST2026-01$1,900,0004,070125.5%
158 LAWRENCE DR2025-04$2,200,0003,78997.8%
298 BUTTONWOOD DR2026-05$1,999,9994,05890.6%
488 WILSON AVENUE2025-03$2,150,0003,76897.5%
424 RIDGEWOOD AVE2025-02$2,050,0003,73997.3%
252 GORDEN DR2025-05$2,125,0003,86496.9%
275 ADDISON PL2025-03$2,000,0004,132112.0%
260 VIRGINIA COURT2025-05$2,160,0003,72397.2%

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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 →