The Fair Share Report

210 Hillcrest Dr

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

≈ $1,157,507

Likely range $1,020,110 – $1,421,571, 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 $1,157,507 home should be assessed near $1,079,954.

Step 3 · Assessed value

$1,263,100

Set at the last town-wide revaluation and mostly frozen since. That's $183,146 above what the ratio math suggests (17.0%).

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%

Step 5 · The bill

$6,309/yr
Public schools$2,984
Bergen County$1,014
Town of Paramus$2,311
Paramus average$13,058

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

Town median 89.0%
This home · 109.1%

65%129%

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
349 BULLARD AVE.2025-02$1,600,0002,73182.2%
671 DREXEL RD2025-05$1,445,0002,69687.1%
366 MC KINLEY BLVD.2026-02$1,300,0002,75673.9%
265 PURDUE COURT2026-01$1,350,0002,68481.9%
684 CAMBRIDGE RD2025-04$1,105,0002,64685.9%
809 HIGHLAND AVENUE2025-01$945,0002,64597.6%
162 SPLIT ROCK ROAD2026-01$1,240,0002,81688.7%
209 FILIPPE COURT2025-05$1,050,0002,63290.8%
605 CRAIG AVENUE2026-02$1,200,0002,82480.4%
266 SETON HALL DR2025-05$950,0002,612125.0%
101 GLEN AVENUE2026-03$1,100,0002,84188.1%
408 CHELSEA ST2026-05$1,255,0002,60273.9%

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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 →