The Fair Share Report

277 Paramus Rd

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 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.

Step 3 · Assessed value

$549,100

Set at the last town-wide revaluation and mostly frozen since.

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%

Step 5 · The bill

$8,231/yr
Public schools$3,893
Bergen County$1,323
Town of Paramus$3,015
Paramus average$13,058

The record, in full

Not enough closely-comparable recent sales in Paramus for a fairness verdict — the town's current median assessment ratio is 89.0%.

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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 →