The Fair Share Report

33 Pershing Pl

Cresskill, NJ 07626

The town adjusts for market price changes once a year — but only based on the average price change of all homes in the area. This report checks whether this house's assessment kept pace.

This home's payments are about right

It sits inside Cresskill's normal range — market price changes haven't singled it out. No case for a tax appeal.

Step 1 · Market value

≈ $793,746

Likely range $581,498 – $854,545, 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 $793,746 home should be assessed near $625,869.

Step 3 · Assessed value

$604,800

Set at the last town-wide revaluation and mostly frozen since. That's $21,069 below what the ratio math suggests (3.4%).

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 $1.958 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$11,842/yr
Public schools$6,558
Bergen County$1,368
Town of Cresskill$3,916
Cresskill average$20,277

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

Town median 83.4%
This home · 76.2%

64%109%

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

AddressSoldPriceSq ftRatio
165 JEFFERSON AVE2025-01$640,0001,702136.5%
70 PROSPECT AVE2025-01$655,0001,33687.9%
243 JEFFERSON AVE2026-05$885,0001,90771.3%
21 CREST DR NO2026-02$825,0001,58876.1%
91 MADISON AVE2026-01$460,0001,332114.7%
79 LEXINGTON AVE2025-05$725,0001,33182.2%
85 MORNINGSIDE AVE2025-03$845,0001,48679.9%
61 ROSE ST2026-04$775,0001,26081.5%
26 LINWOOD AVE2026-05$700,0001,82493.5%
293 CONCORD ST2025-05$752,0001,44483.0%
132 MADISON AVE2025-05$850,0002,16983.8%
87 DELMAR AVE2026-03$850,0001,67983.4%

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