The Fair Share Report

35 Longview Ct

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.

Step 1 · Market value

≈ $897,000

Likely range $821,883 – $957,096, from 12 comparable Paramus sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

93.30%

The state's official measure of how far Paramus assessments sit below market value — republished every October, applied town-wide. A $897,000 home should be assessed near $836,901.

Step 3 · Assessed value

$892,900

Set at the last town-wide revaluation and mostly frozen since. That's $55,999 above what the ratio math suggests (6.7%).

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

$1.499 per $100 assessed

$0.709 Schools · 47% $0.241 County · 16% $0.549 Town · 37%

This home's own bill implies $1.415 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$12,635/yr
Public schools$5,976
Bergen County$2,031
Town of Paramus$4,628
Paramus average$13,058

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

Town median 89.0%
This home · 99.5%

65%114%

Paying about right

This home's ratio lands inside Paramus'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
81 HEMLOCK DRIVE2025-02$940,0002,09491.4%
833 KOMAN DRIVE2026-05$1,050,0002,12980.6%
42 KRAMER DRIVE2025-04$1,015,0002,17090.0%
129 VILLAGE CIRCLE W2025-04$825,0002,07790.8%
366 FOREST AVE2026-02$860,0002,23694.8%
211 DENVER RD2026-03$900,0002,12883.1%
672 RUTGERS PLACE2025-06$825,0002,000152.9%
617 ROOSEVELT BLVD2025-01$920,0002,16091.3%
218 MAYFAIR ROAD2026-05$1,885,00049.7%
302 MONTANA STREET2026-03$830,0002,14596.0%
335 SOUTH DRIVE2026-04$960,0002,19287.8%
482 TULANE COURT2026-06$800,0001,97295.4%

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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 →