The Fair Share Report

239 Buttonwood 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

≈ $753,725

Likely range $673,174 – $860,632, from 12 comparable Paramus sales in the past 18 months, at this home's 1,022 sq ft.

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 $753,725 home should be assessed near $703,225.

Step 3 · Assessed value

$671,500

Set at the last town-wide revaluation and mostly frozen since. That's $31,725 below what the ratio math suggests (4.5%).

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 $1.398 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$9,387/yr
Public schools$4,440
Bergen County$1,509
Town of Paramus$3,438
Paramus average$13,058

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

Town median 89.0%
This home · 89.1%

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
743 BOYD RD2026-04$910,0001,00368.3%
132 THOMAS DRIVE2025-02$885,0001,03664.6%
179 CLAYTON TERRACE2026-05$775,0001,05675.5%
195 CONCORD DRIVE2025-04$610,0001,06870.3%
83 BIRCHWOOD ROAD2026-01$960,0001,14064.3%
177 HAASE AVE.2026-05$830,0001,09661.8%
236 WOODCREST RD2025-03$830,0001,222107.8%
4 SCHUBERT LANE2026-05$999,0001,20266.6%
682 SYCAMORE ST2025-01$732,0001,21093.6%
590 BIRCHWOOD ROAD2026-03$850,0001,24673.2%
271 CENTRAL AVE2025-01$770,0001,16986.8%
85 OLIVER ROAD2026-04$815,0001,35282.1%

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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 →