The Fair Share Report

413 E Ave

Northvale, NJ 07647

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

≈ $776,389

Likely range $604,395 – $827,192, from 12 comparable Northvale sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

60.79%

The state's official measure of how far Northvale assessments sit below market value — republished every October, applied town-wide. A $776,389 home should be assessed near $471,967.

Step 3 · Assessed value

$843,500

Set at the last town-wide revaluation and mostly frozen since. That's $371,533 above what the ratio math suggests (78.7%).

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

$3.328 per $100 assessed

$1.985 Schools · 60% $0.343 County · 10% $1.000 Town · 30%

This home's own bill implies $1.873 per $100 — well off the general rate. That usually means the town revalued since the last bill.

Step 5 · The bill

$15,795/yr
Public schools$9,421
Bergen County$1,628
Town of Northvale$4,746
Northvale average$13,446

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

Town median 92.2%
This home · 108.6%

77%145%

Looks meaningfully over-assessed

Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (69.91%) — roughly $12,365/yr at stake. NJ appeals are generally due April 1.

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

AddressSoldPriceSq ftRatio
409 ARGENTI PL2025-04$775,0001,79999.5%
206 HENMARKEN DR2025-05$740,0002,04686.7%
324 HIGH ST2025-03$810,0001,86992.6%
601 JOHNSON PL.2025-05$760,0001,61392.8%
410 WHITE AVE2026-05$760,0001,94682.7%
645 WILDWOOD RD W.2026-03$860,0002,08894.9%
303 LOREN CT2025-06$670,0002,214103.3%
202 HENMARKEN DR2025-06$735,0001,52092.2%
601 OAKWOOD DR2026-03$770,0002,39892.2%
204 PIERRON ST2026-04$795,0001,62481.5%
427 ANDRE AVE2026-04$612,5001,478102.9%
410 TENAKILL DR.2025-05$849,0002,50492.5%

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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 →