The Fair Share Report

36 Allison Rd

Alpine, NJ 07772

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

≈ $3,520,009

Likely range $2,471,355 – $4,341,462, from 10 comparable Alpine sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

96.24%

The state's official measure of how far Alpine assessments sit below market value — republished every October, applied town-wide. A $3,520,009 home should be assessed near $3,387,657.

Step 3 · Assessed value

$2,946,300

Set at the last town-wide revaluation and mostly frozen since. That's $441,357 below what the ratio math suggests (13.0%).

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

$0.837 per $100 assessed

$0.382 Schools · 46% $0.246 County · 29% $0.209 Town · 25%

Step 5 · The bill

$24,661/yr
Public schools$11,255
Bergen County$7,248
Town of Alpine$6,158
Alpine average$23,291

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

Town median 80.1%
This home · 83.7%

47%125%

Paying about right

This home's ratio lands inside Alpine'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
497 HILLSIDE AVENUE2025-04$3,450,0005,47080.1%
19 ALLISON ROAD2025-11$1,600,0006,988335.9%
16 DOGWOOD LANE2025-02$7,250,0008,09655.9%
11 SHERWOOD COURT2026-03$4,000,0005,36668.1%
9 MARIE MAJOR DRIVE2025-03$3,675,0005,24780.0%
24 TULIP TREE LANE2026-06$4,250,0006,61274.5%
11 MARGO WAY2025-07$4,860,0009,027107.8%
4 DUCK POND ROAD2026-06$7,300,0007,74873.4%
35 TIMBERLINE DRIVE2025-04$4,400,0009,437119.1%
35 DOGWOOD LANE2025-01$1,600,0003,30496.0%

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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 →