The Fair Share Report

218 Brookside Ave

Cresskill, NJ 07626

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

≈ $1,765,868

Likely range $1,412,829 – $2,030,041, from 12 comparable Cresskill sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

78.85%

The state's official measure of how far Cresskill assessments sit below market value — republished every October, applied town-wide. A $1,765,868 home should be assessed near $1,392,387.

Step 3 · Assessed value

$1,487,500

Set at the last town-wide revaluation and mostly frozen since. That's $95,113 above what the ratio math suggests (6.8%).

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

$2.268 per $100 assessed

$1.256 Schools · 55% $0.262 County · 12% $0.750 Town · 33%

This home's own bill implies $2.050 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$30,495/yr
Public schools$16,888
Bergen County$3,523
Town of Cresskill$10,084
Cresskill average$20,277

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

Town median 83.4%
This home · 84.2%

64%111%

Paying about right

This home's ratio lands inside Cresskill'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
40 5TH STREET2026-04$1,875,0003,46776.0%
336 HIGHLAND ST2025-04$1,657,0003,20474.1%
216 10TH ST2025-04$1,613,0002,84069.2%
127 HILLSIDE AVE2026-06$1,225,0002,88882.2%
391 12TH ST2025-05$1,610,0004,35092.9%
3 OXFORD PLACE2025-03$2,390,0003,83560.4%
79 CEDAR ST2025-05$1,930,0003,02285.1%
11 NEW ST2026-01$1,531,0003,29874.2%
282 COUNTY RD2025-03$1,200,0002,61478.5%
187 BROADWAY2026-02$850,0002,586107.5%
145 13TH ST2026-01$1,300,0002,93079.0%
119 STONEGATE TRAIL2026-03$940,0002,35683.4%

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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 →