The Fair Share Report
271 Central Ave
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $692,122 – $829,281, from 12 comparable Paramus sales in the past 18 months, at this home's 1,169 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Paramus assessments sit below market value — republished every October, applied town-wide. A $716,919 home should be assessed near $668,885.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $585 below what the ratio math suggests (0.1%).
Step 4 · The tax rate — same for every Paramus home
$0.709 Schools · 47% $0.241 County · 16% $0.549 Town · 37%
This home's own bill implies $1.174 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Paramus sale · assessed ÷ market
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 682 SYCAMORE ST | 2025-01 | $732,000 | 1,210 | 93.6% |
| 177 HAASE AVE. | 2026-05 | $830,000 | 1,096 | 61.8% |
| 590 BIRCHWOOD ROAD | 2026-03 | $850,000 | 1,246 | 73.2% |
| 406 TERHUNE AVENUE | 2025-04 | $746,000 | 1,260 | 80.0% |
| 195 CONCORD DRIVE | 2025-04 | $610,000 | 1,068 | 70.3% |
| 179 CLAYTON TERRACE | 2026-05 | $775,000 | 1,056 | 75.5% |
| 236 WOODCREST RD | 2025-03 | $830,000 | 1,222 | 107.8% |
| 197 FREDRICK STREET | 2025-06 | $850,000 | 1,386 | 74.4% |
| 395 HICKORY AVE. | 2025-05 | $710,000 | 1,503 | 99.0% |
| 121 WESTVIEW AVENUE | 2025-03 | $550,000 | 1,256 | 103.2% |
| 217 CONCORD DRIVE | 2026-02 | $700,000 | 1,388 | 88.2% |
| 210 DENVER ROAD | 2025-05 | $850,000 | 1,392 | 81.5% |
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