The Fair Share Report

545 Brookside Ave

Allendale, NJ 07401

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

≈ $1,433,764

Likely range $1,189,247 – $1,654,184, from 12 comparable Allendale sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

85.11%

The state's official measure of how far Allendale assessments sit below market value — republished every October, applied town-wide. A $1,433,764 home should be assessed near $1,220,277.

Step 3 · Assessed value

$1,560,400

Set at the last town-wide revaluation and mostly frozen since. That's $340,123 above what the ratio math suggests (27.9%).

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

$2.030 per $100 assessed

$1.271 Schools · 63% $0.240 County · 12% $0.518 Town · 26%

This home's own bill implies $1.753 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$27,356/yr
Public schools$17,136
Bergen County$3,236
Town of Allendale$6,984
Allendale average$17,911

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

Town median 89.1%
This home · 108.8%

70%137%

Paying about right

This home's ratio lands inside Allendale's normal band. The drift hasn't singled it out — no case for a tax appeal.

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

AddressSoldPriceSq ftRatio
60 HEATHER COURT2025-02$1,775,0004,30295.8%
19 FOX RUN2026-04$1,200,0002,69675.0%
31 GLORIA DR2025-01$1,300,0003,375129.6%
28 LINDA DR2026-03$1,775,0003,32371.4%
40 CAMBRIDGE DR2025-05$1,950,0003,81677.8%
9 RIO VISTA DR.2025-01$849,0002,54296.4%
775 W CRESCENT AVE2025-04$1,250,0003,30097.5%
740 W CRESCENT AVE2025-03$920,0003,160104.0%
24 SCOTT CT2026-01$1,425,0003,25282.8%
103 MAC INTYRE LANE2026-02$2,100,0004,68682.1%
128 W CRESCENT AVE2025-05$1,250,0003,24879.1%
118 GREEN WAY2026-02$1,310,0002,66492.0%

Is this your house?

Run your own report →

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 →