The Fair Share Report
2 Fox Run
Allendale, NJ 07401
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 $751,393 – $921,336, from 12 comparable Allendale sales in the past 18 months (home size estimated from assessor data — range widened).
Step 2 · The Director's Ratio
The state's official measure of how far Allendale assessments sit below market value — republished every October, applied town-wide. A $858,705 home should be assessed near $730,844.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $185,656 above what the ratio math suggests (25.4%).
Step 4 · The tax rate — same for every Allendale home
$1.271 Schools · 63% $0.240 County · 12% $0.518 Town · 26%
This home's own bill implies $1.926 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Allendale sale · assessed ÷ market
70%127%
Looks meaningfully over-assessed
Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (97.88%) — roughly $3,769/yr at stake. NJ appeals are generally due April 1.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 703 WHITNEY LANE | 2025-04 | $751,000 | 2,045 | 96.7% |
| 9 RIO VISTA DR. | 2025-01 | $849,000 | 2,542 | 96.4% |
| 86 ELM STREET | 2025-02 | $710,000 | 1,758 | 89.5% |
| 19 FOX RUN | 2026-04 | $1,200,000 | 2,696 | 75.0% |
| 1002 WHITNEY LANE | 2026-04 | $900,000 | 1,775 | 82.8% |
| 2007 WHITNEY LANE | 2025-05 | $725,000 | 1,775 | 98.7% |
| 34 HOMEWOOD AVE | 2026-03 | $640,000 | 2,120 | 100.3% |
| 35 TROTTERS LANE | 2025-05 | $676,836 | 1,618 | 90.0% |
| 356 E ALLENDALE AVE | 2026-01 | $855,000 | 1,982 | 89.6% |
| 75 CHEROKEE AVE | 2026-04 | $840,000 | 2,104 | 91.8% |
| 2 ALLISON COURT | 2026-02 | $689,900 | 1,692 | 83.9% |
| 118 GREEN WAY | 2026-02 | $1,310,000 | 2,664 | 92.0% |
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