The Fair Share Report

427 Andre 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

≈ $696,392

Likely range $608,755 – $739,000, from 12 comparable Northvale sales in the past 18 months, at this home's 1,478 sq ft.

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 $696,392 home should be assessed near $423,337.

Step 3 · Assessed value

$630,500

Set at the last town-wide revaluation and mostly frozen since. That's $207,163 above what the ratio math suggests (48.9%).

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 $2.013 per $100 — well off the general rate. That usually means the town revalued since the last bill.

Step 5 · The bill

$12,689/yr
Public schools$7,569
Bergen County$1,308
Town of Northvale$3,813
Northvale average$13,446

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

Town median 92.2%
This home · 90.5%

77%109%

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 $6,894/yr at stake. NJ appeals are generally due April 1.

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

AddressSoldPriceSq ftRatio
601 JOHNSON PL.2025-05$760,0001,61392.8%
202 HENMARKEN DR2025-06$735,0001,52092.2%
417 TENAKILL DR2026-04$710,0001,33193.3%
338 LAMBERT AVE2025-05$500,0001,315125.1%
204 PIERRON ST2026-04$795,0001,62481.5%
327 CONGER AVE2025-05$775,0001,40282.1%
409 ARGENTI PL2025-04$775,0001,79999.5%
337 BRADLEY AVE2026-06$600,0001,20082.2%
5201 RIO VISTA LANE2026-05$735,0001,46092.2%
206 HENMARKEN DR2025-05$740,0002,04686.7%
645 WILDWOOD RD W.2026-03$860,0002,08894.9%
5210 RIO VISTA LANE2025-04$649,9001,37397.3%

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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 →