The Fair Share Report

25 Devonshire Rd

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

≈ $986,050

Likely range $876,034 – $1,166,294, 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 $986,050 home should be assessed near $777,500.

Step 3 · Assessed value

$804,000

Set at the last town-wide revaluation and mostly frozen since. That's $26,500 above what the ratio math suggests (3.4%).

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 $1.866 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$15,000/yr
Public schools$8,307
Bergen County$1,733
Town of Cresskill$4,960
Cresskill average$20,277

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

Town median 83.4%
This home · 81.5%

63%105%

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
225 12TH ST2026-04$1,025,0002,00075.2%
136 PALISADE AVE2025-06$1,100,0001,77067.7%
206 10TH ST2026-03$999,0001,80968.8%
11 PIERCE AVE2026-01$755,0001,62094.0%
158 PALISADE AVE2025-04$1,125,0001,88292.6%
27 BURTON PL2026-01$995,0002,00271.7%
26 LINWOOD AVE2026-05$700,0001,82493.5%
136 STONEGATE TRAIL2026-03$905,0002,06887.7%
28 BURTON PL2025-03$852,0001,64157.2%
72 ROOSEVELT ST2026-01$1,285,0001,76276.8%
87 DELMAR AVE2026-03$850,0001,67983.4%
292 MAGNOLIA AVE2025-02$815,0002,05387.9%

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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 →