The Fair Share Report

19 Pike St

Alpine, NJ 07620

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

≈ $2,875,103

Likely range $2,354,382 – $3,918,857, from 7 comparable Alpine sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

96.24%

The state's official measure of how far Alpine assessments sit below market value — republished every October, applied town-wide. A $2,875,103 home should be assessed near $2,766,999.

Step 3 · Assessed value

$2,023,500

Set at the last town-wide revaluation and mostly frozen since. That's $743,499 below what the ratio math suggests (26.9%).

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

$0.837 per $100 assessed

$0.382 Schools · 46% $0.246 County · 29% $0.209 Town · 25%

Step 5 · The bill

$16,937/yr
Public schools$7,730
Bergen County$4,978
Town of Alpine$4,229
Alpine average$23,291

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

Town median 80.1%
This home · 70.4%

46%125%

Paying about right

This home's ratio lands inside Alpine'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
35 DOGWOOD LANE2025-01$1,600,0003,30496.0%
915 CLOSTER DOCK ROAD2025-07$3,320,0002,70695.3%
497 HILLSIDE AVENUE2025-04$3,450,0005,47080.1%
9 MARIE MAJOR DRIVE2025-03$3,675,0005,24780.0%
11 SHERWOOD COURT2026-03$4,000,0005,36668.1%
44 ROBIN LANE2026-05$1,775,0002,417105.6%
4 DUCK POND ROAD2026-06$7,300,0007,74873.4%

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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 →