The Fair Share Report

34 Brookside Ave

Cresskill, NJ 07626

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

≈ $1,176,907

Likely range $878,183 – $1,412,034, 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 $1,176,907 home should be assessed near $927,991.

Step 3 · Assessed value

$889,200

Set at the last town-wide revaluation and mostly frozen since. That's $38,791 below what the ratio math suggests (4.2%).

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 $2.000 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$17,787/yr
Public schools$9,850
Bergen County$2,055
Town of Cresskill$5,882
Cresskill average$20,277

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

Town median 83.4%
This home · 75.6%

58%107%

Paying about right

This home's ratio lands inside Cresskill'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
141 BROOKSIDE AVE2025-06$1,650,0002,37058.3%
165 KNICKERBOCKER RD2025-04$1,415,0002,40478.2%
292 MAGNOLIA AVE2025-02$815,0002,05387.9%
25 ALLEN ST2026-05$886,0002,20477.2%
72 ROOSEVELT ST2026-01$1,285,0001,76276.8%
27 BURTON PL2026-01$995,0002,00271.7%
106 DELMAR AVE2026-04$1,500,0002,96261.0%
225 12TH ST2026-04$1,025,0002,00075.2%
206 10TH ST2026-03$999,0001,80968.8%
132 MADISON AVE2025-05$850,0002,16983.8%
87 DELMAR AVE2026-03$850,0001,67983.4%
119 STONEGATE TRAIL2026-03$940,0002,35683.4%

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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 →