The Fair Share Report
29 Randolph
Dumont, NJ 07628
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 $525,422 – $636,986, from 12 comparable Dumont 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 Dumont assessments sit below market value — republished every October, applied town-wide. A $569,138 home should be assessed near $542,445.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $15,445 below what the ratio math suggests (2.8%).
Step 4 · The tax rate — same for every Dumont home
$1.304 Schools · 56% $0.233 County · 10% $0.803 Town · 34%
This home's own bill implies $2.181 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Dumont sale · assessed ÷ market
77%121%
Paying about right
This home's ratio lands inside Dumont'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 |
|---|---|---|---|---|
| 162 LAFAYETTE AVE | 2025-04 | $524,000 | 1,356 | 102.0% |
| 135 E LINDEN | 2026-02 | $570,000 | 1,323 | 87.8% |
| 28 NIAGARA | 2026-02 | $710,000 | 1,463 | 90.9% |
| 56 SENECA AVE | 2026-02 | $590,000 | 1,197 | 86.0% |
| 56 COOPER AVE | 2025-03 | $510,000 | 1,264 | 98.9% |
| 51 WOLCOTT RD | 2025-05 | $560,000 | 1,360 | 97.9% |
| 82 CRESSKILL | 2026-02 | $558,000 | 1,272 | 88.4% |
| 150 NIAGARA | 2026-06 | $645,000 | 1,571 | 91.3% |
| 93 ERIE ST | 2025-03 | $650,000 | 1,424 | 89.8% |
| 55 COLONIAL PKWY | 2025-02 | $590,000 | 1,241 | 96.0% |
| 100 ROMANO DR | 2025-05 | $625,000 | 1,350 | 92.0% |
| 25 WINDSOR DRIVE | 2025-03 | $495,000 | 1,231 | 104.0% |
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