The Fair Share Report
391 Burnet Pl
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 $769,355 – $893,386, from 12 comparable Paramus sales in the past 18 months (home size estimated from assessor data — range widened).
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 $798,889 home should be assessed near $745,363.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $245,363 below what the ratio math suggests (32.9%).
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 $2.089 per $100 — well off the general rate. That usually means the town revalued since the last bill.
Step 5 · The bill
This home vs. every recent Paramus sale · assessed ÷ market
51%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 |
|---|---|---|---|---|
| 673 CAMBRIDGE RD. | 2025-04 | $800,000 | 1,440 | 95.0% |
| 88 GLEN AVENUE | 2025-01 | $780,500 | 1,448 | 82.7% |
| 133 ARNOT PLACE | 2026-01 | $810,000 | 1,439 | 78.0% |
| 210 DENVER ROAD | 2025-05 | $850,000 | 1,392 | 81.5% |
| 190 DENVER RD | 2025-05 | $830,000 | 1,488 | 102.2% |
| 217 CONCORD DRIVE | 2026-02 | $700,000 | 1,388 | 88.2% |
| 197 FREDRICK STREET | 2025-06 | $850,000 | 1,386 | 74.4% |
| 165 HEBBERD AVENUE | 2026-02 | $695,000 | 1,492 | 95.7% |
| 218 MAYFAIR ROAD | 2026-05 | $1,885,000 | — | 49.7% |
| 624 WEST DR | 2026-03 | $910,000 | 1,498 | 78.8% |
| 76 CRAIN ROAD | 2025-05 | $920,000 | 1,512 | 80.0% |
| 247 GORDEN DRIVE | 2025-04 | $815,000 | 1,508 | 122.3% |
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