The Fair Share Report

16 Evans Rd

Cresskill, NJ 07626

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

≈ $2,118,497

Likely range $1,763,385 – $2,535,090, from 12 comparable Cresskill sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

78.85%

The state's official measure of how far Cresskill assessments sit below market value — republished every October, applied town-wide. A $2,118,497 home should be assessed near $1,670,435.

Step 3 · Assessed value

$1,912,700

Set at the last town-wide revaluation and mostly frozen since. That's $242,265 above what the ratio math suggests (14.5%).

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

$2.268 per $100 assessed

$1.256 Schools · 55% $0.262 County · 12% $0.750 Town · 33%

This home's own bill implies $1.724 per $100 — well off the general rate. That usually means the town revalued since the last bill.

Step 5 · The bill

$32,966/yr
Public schools$18,256
Bergen County$3,808
Town of Cresskill$10,902
Cresskill average$20,277

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

Town median 83.4%
This home · 90.3%

64%114%

Paying about right

This home's ratio lands inside Cresskill'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
85 WESTERVELT PL2025-01$1,998,0004,96092.5%
391 12TH ST2025-05$1,610,0004,35092.9%
3 OXFORD PLACE2025-03$2,390,0003,83560.4%
21 CEDAR ST2026-06$1,350,0002,85080.1%
185 6TH ST2025-04$870,0003,73995.4%
11 NEW ST2026-01$1,531,0003,29874.2%
106 DELMAR AVE2026-04$1,500,0002,96261.0%
145 13TH ST2026-01$1,300,0002,93079.0%
15 LANCASTER COURT2025-05$1,615,0002,72874.2%
12 LAMBS LANE2025-05$2,250,0004,80393.7%
32 KENNEDY RD2026-06$2,850,0003,93064.6%
40 5TH STREET2026-04$1,875,0003,46776.0%

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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 →