The Fair Share Report

33 Blanche Ave

Demarest, NJ 07627

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

≈ $1,382,586

Likely range $1,244,185 – $1,548,681, from 12 comparable Demarest sales in the past 18 months, at this home's 2,846 sq ft.

Step 2 · The Director's Ratio

101.41%

The state's official measure of how far Demarest assessments sit below market value — republished every October, applied town-wide. A $1,382,586 home should be assessed near $1,402,080.

Step 3 · Assessed value

$1,226,300

Set at the last town-wide revaluation and mostly frozen since. That's $175,780 below what the ratio math suggests (12.5%).

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

$1.805 per $100 assessed

$1.149 Schools · 64% $0.219 County · 12% $0.438 Town · 24%

Step 5 · The bill

$22,135/yr
Public schools$14,082
Bergen County$2,684
Town of Demarest$5,368
Demarest average$26,108

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

Town median 92.3%
This home · 88.7%

74%115%

Paying about right

This home's ratio lands inside Demarest'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
17 VAN HORN ST2025-08$1,205,0002,75890.9%
10 SUNSET RD2026-06$1,730,0003,40092.7%
123 HARDENBURGH AVE2025-09$1,075,0002,45997.8%
20 NORTHWOOD AVE2026-01$1,465,0002,77480.4%
12 VAN HORN STREET2025-01$1,450,0002,19086.1%
6 ISABELLA WAY2025-07$1,300,0002,67685.2%
75 ANDERSON AVE2025-05$885,0002,201125.0%
129 KNICKERBOCKER RD2025-12$1,175,0002,60093.7%
8 GLENWOOD AVE2025-02$1,420,0002,922108.5%
27 CENTRAL AVE2025-11$1,850,0002,87395.1%
29 JOHN ST2025-06$1,200,0002,61283.2%
67 CENTRAL AVE2025-07$1,480,0002,45773.0%

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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 →