The Fair Share Report
291 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 $565,134 – $791,671, 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 $719,610 home should be assessed near $586,122.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $51,122 below what the ratio math suggests (8.7%).
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 $1.996 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
62%100%
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 |
|---|---|---|---|---|
| 148 OXFORD AVE | 2025-04 | $803,500 | 1,878 | 78.9% |
| 407 VAN LUYN TERR | 2026-02 | $660,000 | 1,694 | 73.1% |
| 165 COLONIAL AVENUE | 2025-03 | $438,050 | 1,632 | 86.0% |
| 411 HILDA TERR | 2025-04 | $580,000 | 1,782 | 68.9% |
| 337 FIRST ST | 2026-03 | $650,000 | 1,548 | 76.7% |
| 435 VAN LUYN TERR | 2025-01 | $680,000 | 2,121 | 80.9% |
| 809 SADDLE RIVER RD | 2025-01 | $630,000 | 1,809 | 84.2% |
| 66 JAMROS TERRACE | 2026-04 | $665,000 | 2,092 | 76.6% |
| 96 LINCOLN AVE | 2025-04 | $638,000 | 2,435 | 94.6% |
| 23 BELLA VISTA AVE | 2025-06 | $690,000 | 1,488 | 71.0% |
| 128 BELL AVE | 2026-04 | $890,000 | 2,110 | 65.3% |
| 70 COGER ST | 2025-01 | $610,000 | 1,572 | 84.5% |
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