The Fair Share Report

184 Coombs Dr

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

≈ $840,899

Likely range $762,733 – $870,503, from 12 comparable Paramus sales in the past 18 months, at this home's 1,382 sq ft.

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 $840,899 home should be assessed near $784,559.

Step 3 · Assessed value

$1,458,500

Set at the last town-wide revaluation and mostly frozen since. That's $673,941 above what the ratio math suggests (85.9%).

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%

This home's own bill implies $1.463 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$21,335/yr
Public schools$10,091
Bergen County$3,430
Town of Paramus$7,814
Paramus average$13,058

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

Town median 89.0%
This home · 173.4%

65%197%

Looks meaningfully over-assessed

Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (100.00%) — roughly $10,102/yr at stake. NJ appeals are generally due April 1.

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

AddressSoldPriceSq ftRatio
218 MAYFAIR ROAD2026-05$1,885,00049.7%
519 GREEN VALLEY RD.2025-03$1,750,00099.8%
20 GABRIEL COURT2026-04$999,9951,586106.1%
14 GABRIEL COURT2026-03$999,0001,586106.2%
12 GABRIEL COURT2026-02$1,040,0001,586102.0%
133 ARNOT PLACE2026-01$810,0001,43978.0%
197 FREDRICK STREET2025-06$850,0001,38674.4%
217 CONCORD DRIVE2026-02$700,0001,38888.2%
76 CRAIN ROAD2025-05$920,0001,51280.0%
247 GORDEN DRIVE2025-04$815,0001,508122.3%
210 DENVER ROAD2025-05$850,0001,39281.5%
739 BOYD RD2025-03$840,0001,522248.2%

Is this your house?

Run your own report →

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 →