The Fair Share Report
21 Old Dock Rd
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $1,210,212 – $2,258,569, from 6 comparable Alpine 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 Alpine assessments sit below market value — republished every October, applied town-wide. A $1,341,746 home should be assessed near $1,291,296.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $532,796 below what the ratio math suggests (41.3%).
Step 4 · The tax rate — same for every Alpine home
$0.382 Schools · 46% $0.246 County · 29% $0.209 Town · 25%
Step 5 · The bill
This home vs. every recent Alpine sale · assessed ÷ market
28%125%
Keep quiet and enjoy it
This home's assessment ratio sits below the Alpine pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 38 DUBOIS AVENUE | 2025-09 | $999,000 | 2,260 | 62.9% |
| 915 CLOSTER DOCK ROAD | 2025-07 | $3,320,000 | 2,706 | 95.3% |
| 27 ALPINE DRIVE | 2025-12 | $970,000 | 1,850 | 60.6% |
| 44 ROBIN LANE | 2026-05 | $1,775,000 | 2,417 | 105.6% |
| 84 MILES STREET | 2025-05 | $1,350,000 | 1,680 | 46.8% |
| 35 DOGWOOD LANE | 2025-01 | $1,600,000 | 3,304 | 96.0% |
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