The Fair Share Report

237 Wilson Dr

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

≈ $1,720,725

Likely range $1,683,598 – $2,378,561, 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 $1,720,725 home should be assessed near $1,356,792.

Step 3 · Assessed value

$1,760,500

Set at the last town-wide revaluation and mostly frozen since. That's $403,708 above what the ratio math suggests (29.8%).

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 $2.096 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$36,905/yr
Public schools$20,438
Bergen County$4,263
Town of Cresskill$12,204
Cresskill average$20,277

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

Town median 83.4%
This home · 102.3%

64%110%

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
218 TRUMAN DRIVE2025-05$2,150,0003,51893.9%
319 TRUMAN DRIVE2026-04$1,800,0003,86091.8%
32 KENNEDY RD2026-06$2,850,0003,93064.6%
4 ADAMS DRIVE2025-04$1,550,0003,37485.2%
14 ADAMS DRIVE2026-04$1,850,0004,03879.7%
12 LAMBS LANE2025-05$2,250,0004,80393.7%
3 OXFORD PLACE2025-03$2,390,0003,83560.4%
16 LOMAN CT2026-01$2,425,0005,785100.0%
118 EISENHOWER DR2025-01$2,250,0005,63693.0%
168 VACCARO DRIVE2025-04$2,730,0006,15094.2%
125 JACKSON DRIVE2026-04$3,200,0006,49681.2%
9 LOMAN CT2025-06$3,100,0006,64894.4%

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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 →