The Fair Share Report

310 Devon Rd

Tenafly, NJ 07670

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

≈ $1,836,526

Likely range $1,712,813 – $2,172,695, from 12 comparable Tenafly sales in the past 18 months, at this home's 3,342 sq ft.

Step 2 · The Director's Ratio

64.25%

The state's official measure of how far Tenafly assessments sit below market value — republished every October, applied town-wide. A $1,836,526 home should be assessed near $1,179,968.

Step 3 · Assessed value

$1,327,000

Set at the last town-wide revaluation and mostly frozen since. That's $147,032 above what the ratio math suggests (12.5%).

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

$2.972 per $100 assessed

$1.924 Schools · 65% $0.332 County · 11% $0.716 Town · 24%

Step 5 · The bill

$39,452/yr
Public schools$25,540
Bergen County$4,407
Town of Tenafly$9,505
Tenafly average$25,123

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

Town median 54.4%
This home · 72.3%

36%83%

Paying about right

This home's ratio lands inside Tenafly'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
136 STONEHURST DR2025-12$1,700,0003,31766.1%
16 FARVIEW RD2026-02$2,200,0003,38448.8%
22 OLD SMITH RD2026-01$1,925,0003,50373.1%
47 OXFORD DR2025-06$3,300,0003,88747.7%
26 GLENWOOD RD2026-03$1,999,0003,65652.8%
258 HIGHWOOD AVE2026-06$1,780,0003,14064.6%
23 FARVIEW RD2026-05$2,625,0003,90062.1%
99 OXFORD DR2025-11$2,350,0002,84556.6%
72 DOWNEY DR2025-12$999,0002,93979.0%
152 HIGHWOOD AVE2025-10$1,940,0003,62059.2%
50 EDGEWOOD ST2026-06$2,200,0003,65252.2%
2 HOWARD PARK DR2025-02$1,520,0003,06058.1%

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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 →