The Fair Share Report
360 Valley View Ave
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $1,325,730 – $1,659,101, from 12 comparable Paramus sales in the past 18 months, at this home's 3,424 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Paramus assessments sit below market value — republished every October, applied town-wide. A $1,529,357 home should be assessed near $1,426,890.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $370,490 below what the ratio math suggests (26.0%).
Step 4 · The tax rate — same for every Paramus home
$0.709 Schools · 47% $0.241 County · 16% $0.549 Town · 37%
This home's own bill implies $1.417 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Paramus sale · assessed ÷ market
58%114%
Keep quiet and enjoy it
This home's assessment ratio sits below the Paramus pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 602 MILL RUN | 2026-04 | $1,500,000 | 3,515 | 80.2% |
| 133 MORRISTOWN PLACE | 2026-03 | $1,390,000 | 3,112 | 70.2% |
| 101 GLEN AVENUE | 2026-03 | $1,100,000 | 2,841 | 88.1% |
| 309 CARDINAL PLACE | 2025-03 | $1,313,000 | 3,758 | 102.5% |
| 23 HALCO DRIVE | 2026-01 | $1,525,000 | 3,224 | 88.2% |
| 16 COLUMBINE ROAD | 2026-02 | $1,560,000 | 4,150 | 87.0% |
| 265 PURDUE COURT | 2026-01 | $1,350,000 | 2,684 | 81.9% |
| 58 BENTON ROAD | 2025-04 | $1,755,000 | 3,388 | 92.2% |
| 461 ARTHUR TERRACE | 2026-05 | $1,650,000 | 3,500 | 79.9% |
| 209 FILIPPE COURT | 2025-05 | $1,050,000 | 2,632 | 90.8% |
| 298 GORDEN DRIVE | 2025-01 | $1,725,000 | 3,560 | 96.6% |
| 304 BLAUVELT COURT | 2026-04 | $1,900,000 | 3,836 | 74.4% |
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