The Fair Share Report

321 Brookside Ave

Allendale, NJ 07401

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

≈ $1,210,392

Likely range $1,095,126 – $1,290,189, from 12 comparable Allendale sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

85.11%

The state's official measure of how far Allendale assessments sit below market value — republished every October, applied town-wide. A $1,210,392 home should be assessed near $1,030,165.

Step 3 · Assessed value

$1,116,900

Set at the last town-wide revaluation and mostly frozen since. That's $86,735 above what the ratio math suggests (8.4%).

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

$2.030 per $100 assessed

$1.271 Schools · 63% $0.240 County · 12% $0.518 Town · 26%

This home's own bill implies $1.817 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$20,298/yr
Public schools$12,715
Bergen County$2,401
Town of Allendale$5,182
Allendale average$17,911

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

Town median 89.1%
This home · 92.3%

70%110%

Paying about right

This home's ratio lands inside Allendale'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
1 ACKERSON RD2025-01$1,175,0002,82284.8%
635 FRANKLIN TPKE2025-05$950,0002,40680.7%
24 SCOTT CT2026-01$1,425,0003,25282.8%
128 W CRESCENT AVE2025-05$1,250,0003,24879.1%
514 MARK RD2025-03$1,085,0002,604109.1%
19 FOX RUN2026-04$1,200,0002,69675.0%
118 GREEN WAY2026-02$1,310,0002,66492.0%
740 W CRESCENT AVE2025-03$920,0003,160104.0%
89 CHESTNUT ST2025-01$802,0002,254102.3%
9 RIO VISTA DR.2025-01$849,0002,54296.4%
33 HOMEWOOD AVE2026-04$1,045,0001,81277.7%
775 W CRESCENT AVE2025-04$1,250,0003,30097.5%

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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 →