The Fair Share Report
327 Ross Rd
Paramus, NJ 07652
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 $788,046 – $920,894, from 12 comparable Paramus sales in the past 18 months, at this home's 1,462 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Paramus assessments sit below market value — republished every October, applied town-wide. A $822,946 home should be assessed near $767,809.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $1,519,191 above what the ratio math suggests (197.9%).
Step 4 · The tax rate — same for every Paramus home
$0.709 Schools · 47% $0.241 County · 16% $0.549 Town · 37%
This home's own bill implies $1.439 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Paramus sale · assessed ÷ market
65%296%
Looks meaningfully over-assessed
Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (100.00%) — roughly $22,773/yr at stake. NJ appeals are generally due April 1.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 519 GREEN VALLEY RD. | 2025-03 | $1,750,000 | — | 99.8% |
| 20 GABRIEL COURT | 2026-04 | $999,995 | 1,586 | 106.1% |
| 14 GABRIEL COURT | 2026-03 | $999,000 | 1,586 | 106.2% |
| 12 GABRIEL COURT | 2026-02 | $1,040,000 | 1,586 | 102.0% |
| 88 GLEN AVENUE | 2025-01 | $780,500 | 1,448 | 82.7% |
| 673 CAMBRIDGE RD. | 2025-04 | $800,000 | 1,440 | 95.0% |
| 577 FOREST AVENUE | 2025-05 | $800,000 | 1,754 | 102.0% |
| 133 ARNOT PLACE | 2026-01 | $810,000 | 1,439 | 78.0% |
| 405 TERHUNE AVENUE | 2026-06 | $810,000 | 1,438 | 77.5% |
| 190 DENVER RD | 2025-05 | $830,000 | 1,488 | 102.2% |
| 165 HEBBERD AVENUE | 2026-02 | $695,000 | 1,492 | 95.7% |
| 624 WEST DR | 2026-03 | $910,000 | 1,498 | 78.8% |
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