The Fair Share Report
16 Eugene Rd
Saddle River, NJ 07458
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 $2,247,977 – $3,177,227, from 12 comparable Saddle River sales in the past 18 months, at this home's 5,557 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Saddle River assessments sit below market value — republished every October, applied town-wide. A $2,746,156 home should be assessed near $2,404,534.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $736,434 below what the ratio math suggests (30.6%).
Step 4 · The tax rate — same for every Saddle River home
$0.392 Schools · 37% $0.242 County · 23% $0.434 Town · 41%
Step 5 · The bill
This home vs. every recent Saddle River sale · assessed ÷ market
47%105%
Paying about right
This home's ratio lands inside Saddle River's normal band. The drift hasn't singled it out — no case for a tax appeal.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 111 E. ALLENDALE ROAD | 2024-12 | $3,500,000 | 5,475 | 71.3% |
| 56 WEST WILDWOOD ROAD | 2025-09 | $2,450,000 | 5,898 | 78.5% |
| 32 ACKERMAN ROAD | 2025-06 | $3,900,000 | 5,434 | 63.4% |
| 1 TANBARK TRAIL | 2025-11 | $2,500,000 | 6,180 | 69.3% |
| 181 WEST SADDLE RIVER RD. | 2025-01 | $2,200,000 | 5,598 | 93.1% |
| 134 CORTLAND DRIVE | 2025-10 | $2,650,000 | 4,778 | 66.9% |
| 154 E. SADDLE RIVER ROAD | 2025-12 | $2,750,000 | 6,648 | 98.6% |
| 188 E. SADDLE RIVER ROAD | 2025-10 | $3,912,500 | 6,843 | 70.3% |
| 17 POWDER HILL ROAD | 2025-06 | $3,750,000 | 6,794 | 58.1% |
| 31 OLD WOODS ROAD | 2025-10 | $4,500,000 | 6,247 | 62.5% |
| 186 E SADDLE RIVER RD | 2026-01 | $2,742,500 | 7,346 | 95.6% |
| 15 WOODFIELD LANE | 2025-08 | $3,350,000 | 6,349 | 71.6% |
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