The Fair Share Report

304 County Rd

Cresskill, NJ 07626

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 1 · Market value

≈ $1,765,088

Likely range $1,522,370 – $2,079,532, from 12 comparable Cresskill sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

78.85%

The state's official measure of how far Cresskill assessments sit below market value — republished every October, applied town-wide. A $1,765,088 home should be assessed near $1,391,772.

Step 3 · Assessed value

$1,494,000

Set at the last town-wide revaluation and mostly frozen since. That's $102,228 above what the ratio math suggests (7.3%).

Step 4 · The tax rate — same for every Cresskill home

$2.268 per $100 assessed

$1.256 Schools · 55% $0.262 County · 12% $0.750 Town · 33%

This home's own bill implies $2.057 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$30,729/yr
Public schools$17,018
Bergen County$3,550
Town of Cresskill$10,162
Cresskill average$20,277

This home vs. every recent Cresskill sale · assessed ÷ market

Town median 83.4%
This home · 84.6%

64%105%

Paying about right

This home's ratio lands inside Cresskill's normal band. The drift hasn't singled it out — no case for a tax appeal.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
11 NEW ST2026-01$1,531,0003,29874.2%
145 13TH ST2026-01$1,300,0002,93079.0%
15 LANCASTER COURT2025-05$1,615,0002,72874.2%
21 CEDAR ST2026-06$1,350,0002,85080.1%
3 OXFORD PLACE2025-03$2,390,0003,83560.4%
106 DELMAR AVE2026-04$1,500,0002,96261.0%
40 5TH STREET2026-04$1,875,0003,46776.0%
79 CEDAR ST2025-05$1,930,0003,02285.1%
4 ADAMS DRIVE2025-04$1,550,0003,37485.2%
218 TRUMAN DRIVE2025-05$2,150,0003,51893.9%
85 WESTERVELT PL2025-01$1,998,0004,96092.5%
185 6TH ST2025-04$870,0003,73995.4%

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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 →