The Fair Share Report

175 E Crescent Ave

Allendale, NJ 07071

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

≈ $917,852

Likely range $792,253 – $1,050,498, from 12 comparable Allendale sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

85.11%

The state's official measure of how far Allendale assessments sit below market value — republished every October, applied town-wide. A $917,852 home should be assessed near $781,184.

Step 3 · Assessed value

$895,200

Set at the last town-wide revaluation and mostly frozen since. That's $114,016 above what the ratio math suggests (14.6%).

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

$2.030 per $100 assessed

$1.271 Schools · 63% $0.240 County · 12% $0.518 Town · 26%

This home's own bill implies $1.755 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$15,708/yr
Public schools$9,840
Bergen County$1,858
Town of Allendale$4,010
Allendale average$17,911

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

Town median 89.1%
This home · 97.5%

70%118%

Paying about right

This home's ratio lands inside Allendale'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
118 GREEN WAY2026-02$1,310,0002,66492.0%
89 CHESTNUT ST2025-01$802,0002,254102.3%
514 MARK RD2025-03$1,085,0002,604109.1%
9 RIO VISTA DR.2025-01$849,0002,54296.4%
703 WHITNEY LANE2025-04$751,0002,04596.7%
75 CHEROKEE AVE2026-04$840,0002,10491.8%
635 FRANKLIN TPKE2025-05$950,0002,40680.7%
19 FOX RUN2026-04$1,200,0002,69675.0%
111 E ALLENDALE AVE2026-03$925,0001,80678.8%
740 W CRESCENT AVE2025-03$920,0003,160104.0%
34 HOMEWOOD AVE2026-03$640,0002,120100.3%
31 GLORIA DR2025-01$1,300,0003,375129.6%

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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 →