The Fair Share Report

207 Howland Ave

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

≈ $948,649

Likely range $871,030 – $1,060,688, from 12 comparable Paramus sales in the past 18 months (home size estimated from assessor data — range widened).

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 $948,649 home should be assessed near $885,090.

Step 3 · Assessed value

$944,600

Set at the last town-wide revaluation and mostly frozen since. That's $59,510 above what the ratio math suggests (6.7%).

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 $1.417 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$13,382/yr
Public schools$6,329
Bergen County$2,151
Town of Paramus$4,901
Paramus average$13,058

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

Town median 89.0%
This home · 99.6%

65%114%

Paying about right

This home's ratio lands inside Paramus'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
366 FOREST AVE2026-02$860,0002,23694.8%
11 HALCO DR2026-01$901,8002,34982.7%
89 CIRCLE DRIVE2026-03$810,0002,25488.6%
45 LONGVIEW COURT2026-01$990,0002,40185.3%
217 SWEET BRIAR PLACE2026-06$950,0002,40086.2%
42 KRAMER DRIVE2025-04$1,015,0002,17090.0%
191 MAYFAIR ROAD2025-05$1,111,0002,46483.7%
16 SHELBY AVENUE2025-05$1,150,0002,24870.0%
E 64 CENTURY ROAD2026-03$820,0002,45895.0%
833 KOMAN DRIVE2026-05$1,050,0002,12980.6%
211 DENVER RD2026-03$900,0002,12883.1%
161 BROOKFIELD AVE2025-03$970,0002,17288.8%

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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 →