The Fair Share Report

453 Evergreen 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.

Step 1 · Market value

≈ $900,227

Likely range $824,583 – $1,090,956, from 12 comparable Paramus sales in the past 18 months, at this home's 2,131 sq ft.

Step 2 · The Director's Ratio

93.30%

The state's official measure of how far Paramus assessments sit below market value — republished every October, applied town-wide. A $900,227 home should be assessed near $839,912.

Step 3 · Assessed value

$2,283,100

Set at the last town-wide revaluation and mostly frozen since. That's $1,443,188 above what the ratio math suggests (171.8%).

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

$1.499 per $100 assessed

$0.709 Schools · 47% $0.241 County · 16% $0.549 Town · 37%

This home's own bill implies $1.442 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$32,923/yr
Public schools$15,572
Bergen County$5,293
Town of Paramus$12,058
Paramus average$13,058

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

Town median 89.0%
This home · 253.6%

65%282%

Looks meaningfully over-assessed

Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (100.00%) — roughly $21,633/yr at stake. NJ appeals are generally due April 1.

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

AddressSoldPriceSq ftRatio
519 GREEN VALLEY RD.2025-03$1,750,00099.8%
118 SCARLET OAK LANE2025-02$918,0002,308100.2%
16 MULBERRY COURT2025-02$975,0002,30894.4%
656 SEAGULL DRIVE2025-02$982,0002,20287.7%
828 HIGHLAND AVE2025-01$825,0002,282110.0%
2 SKYE DRIVE2026-05$1,500,0002,93079.5%
20 SKYE DRIVE2025-01$1,100,0002,930108.5%
833 KOMAN DRIVE2026-05$1,050,0002,12980.6%
211 DENVER RD2026-03$900,0002,12883.1%
20 GABRIEL COURT2026-04$999,9951,586106.1%
14 GABRIEL COURT2026-03$999,0001,586106.2%
12 GABRIEL COURT2026-02$1,040,0001,586102.0%

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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 →