The Fair Share Report
264 Third St
Saddle Brook, NJ 07663
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $722,626 – $973,499, from 12 comparable Saddle Brook sales in the past 18 months (home size estimated from assessor data — range widened).
Step 2 · The Director's Ratio
The state's official measure of how far Saddle Brook assessments sit below market value — republished every October, applied town-wide. A $792,820 home should be assessed near $645,752.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $32,948 above what the ratio math suggests (5.1%).
Step 4 · The tax rate — same for every Saddle Brook home
$1.289 Schools · 54% $0.250 County · 11% $0.833 Town · 35%
This home's own bill implies $1.975 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Saddle Brook sale · assessed ÷ market
63%99%
Paying about right
This home's ratio lands inside Saddle Brook's normal band. The drift hasn't singled it out — no case for a tax appeal.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 599 PINE AVE | 2026-01 | $730,000 | 2,440 | 72.0% |
| 190 FIFTH ST | 2025-04 | $718,000 | 2,140 | 97.0% |
| 96 LINCOLN AVE | 2025-04 | $638,000 | 2,435 | 94.6% |
| 14 LEONHARDT DRIVE | 2025-05 | $715,000 | 2,299 | 77.1% |
| 57 MILLER ST | 2025-01 | $855,000 | 2,145 | 82.5% |
| 238 SCHEPIS AVE | 2025-05 | $940,000 | 2,272 | 74.8% |
| 20 WESTMINSTER AVE | 2025-04 | $875,000 | 2,485 | 73.5% |
| 319 NINTH ST | 2026-03 | $925,000 | 2,592 | 72.3% |
| 82 WELLER TERR | 2025-05 | $999,999 | 2,584 | 86.4% |
| 148 OXFORD AVE | 2025-04 | $803,500 | 1,878 | 78.9% |
| 435 VAN LUYN TERR | 2025-01 | $680,000 | 2,121 | 80.9% |
| 66 JAMROS TERRACE | 2026-04 | $665,000 | 2,092 | 76.6% |
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