The Fair Share Report

35 Pine Rd

Allendale, NJ 07401

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

≈ $1,377,237

Likely range $1,142,360 – $1,588,968, from 12 comparable Allendale sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

85.11%

The state's official measure of how far Allendale assessments sit below market value — republished every October, applied town-wide. A $1,377,237 home should be assessed near $1,172,166.

Step 3 · Assessed value

$1,543,200

Set at the last town-wide revaluation and mostly frozen since. That's $371,034 above what the ratio math suggests (31.7%).

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

$2.030 per $100 assessed

$1.271 Schools · 63% $0.240 County · 12% $0.518 Town · 26%

This home's own bill implies $1.888 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$29,131/yr
Public schools$18,248
Bergen County$3,446
Town of Allendale$7,437
Allendale average$17,911

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

Town median 89.1%
This home · 112.1%

70%141%

A touch high — worth watching

This home's ratio sits above most of Allendale, but doesn't clear NJ's legal appeal line (97.88%).

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

AddressSoldPriceSq ftRatio
31 GLORIA DR2025-01$1,300,0003,375129.6%
19 FOX RUN2026-04$1,200,0002,69675.0%
9 RIO VISTA DR.2025-01$849,0002,54296.4%
740 W CRESCENT AVE2025-03$920,0003,160104.0%
118 GREEN WAY2026-02$1,310,0002,66492.0%
10 WILTON DR2025-03$1,550,0003,51480.2%
8 NADLER COURT2025-03$2,405,0003,77690.0%
28 LINDA DR2026-03$1,775,0003,32371.4%
128 W CRESCENT AVE2025-05$1,250,0003,24879.1%
514 MARK RD2025-03$1,085,0002,604109.1%
24 SCOTT CT2026-01$1,425,0003,25282.8%
24 CAMBRIDGE DR2025-05$1,400,0003,79486.1%

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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 →