The Fair Share Report

2 Weimer Ct

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.

Step 1 · Market value

≈ $1,842,003

Likely range $1,548,298 – $2,330,902, 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 $1,842,003 home should be assessed near $1,567,729.

Step 3 · Assessed value

$1,990,900

Set at the last town-wide revaluation and mostly frozen since. That's $423,171 above what the ratio math suggests (27.0%).

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 $1.865 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$37,131/yr
Public schools$23,259
Bergen County$4,392
Town of Allendale$9,479
Allendale average$17,911

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

Town median 89.1%
This home · 108.1%

70%134%

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
8 NADLER COURT2025-03$2,405,0003,77690.0%
24 CAMBRIDGE DR2025-05$1,400,0003,79486.1%
22 OAKWOOD RD2026-01$2,605,0004,41488.9%
10 WILTON DR2025-03$1,550,0003,51480.2%
31 GLORIA DR2025-01$1,300,0003,375129.6%
103 MAC INTYRE LANE2026-02$2,100,0004,68682.1%
740 W CRESCENT AVE2025-03$920,0003,160104.0%
60 HEATHER COURT2025-02$1,775,0004,30295.8%
40 CAMBRIDGE DR2025-05$1,950,0003,81677.8%
128 W CRESCENT AVE2025-05$1,250,0003,24879.1%
19 FOX RUN2026-04$1,200,0002,69675.0%
28 LINDA DR2026-03$1,775,0003,32371.4%

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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 →