The Fair Share Report

2 Nell Ct

Dumont, NJ 07628

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

≈ $758,969

Likely range $699,184 – $908,550, from 12 comparable Dumont sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

95.31%

The state's official measure of how far Dumont assessments sit below market value — republished every October, applied town-wide. A $758,969 home should be assessed near $723,373.

Step 3 · Assessed value

$688,400

Set at the last town-wide revaluation and mostly frozen since. That's $34,973 below what the ratio math suggests (4.8%).

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

$2.340 per $100 assessed

$1.304 Schools · 56% $0.233 County · 10% $0.803 Town · 34%

This home's own bill implies $2.176 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$14,981/yr
Public schools$8,348
Bergen County$1,492
Town of Dumont$5,141
Dumont average$13,046

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

Town median 92.0%
This home · 90.7%

70%121%

Paying about right

This home's ratio lands inside Dumont'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
109 DE LONG AVE2026-05$740,0001,99283.7%
175 BEDFORD RD2026-02$650,0001,71798.3%
166 DE LONG AVE2025-04$815,0002,08086.9%
38 HARDING AVE2025-05$725,0001,58086.6%
107 WYANDOTTE AVE2025-04$735,0002,38199.0%
150 LENOX2026-02$740,0002,27287.5%
211 BEDFORD RD2026-03$750,0001,46874.9%
88 CEDAR RD2026-02$770,0001,61480.4%
15 PLEASANT STREET2026-05$785,0001,50877.1%
56 ONEIDA AVE2025-01$660,0001,94692.7%
38 SHADYSIDE2025-04$505,0002,061119.9%
219 LEXINGTON AVENUE2025-05$760,0001,72392.1%

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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 →