The Fair Share Report

6 Crabtree Ln

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

≈ $876,100

Likely range $766,525 – $1,001,913, from 12 comparable Paramus sales in the past 18 months (home size estimated from assessor data — range widened).

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 $876,100 home should be assessed near $817,401.

Step 3 · Assessed value

$781,900

Set at the last town-wide revaluation and mostly frozen since. That's $35,501 below what the ratio math suggests (4.3%).

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 $1.413 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$11,048/yr
Public schools$5,225
Bergen County$1,776
Town of Paramus$4,046
Paramus average$13,058

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

Town median 89.0%
This home · 89.2%

65%114%

Paying about right

This home's ratio lands inside Paramus'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
155 TRUMAN TERRACE2025-03$810,0001,908171.4%
780 HILTON PLACE2026-04$855,0001,86486.6%
482 TULANE COURT2026-06$800,0001,97295.4%
482 TULANE COURT2026-04$625,0001,972122.2%
111 CRAIN ROAD2026-03$1,125,0001,88274.8%
672 RUTGERS PLACE2025-06$825,0002,000152.9%
703 BANCROFT PLACE2026-04$701,0001,808108.2%
779 DECKER PLACE2026-02$935,0001,88479.3%
127 VILLAGE CIRCLE E2026-04$1,058,0001,94563.3%
206 HARWOOD PLACE2026-04$1,300,0001,93062.7%
276 TAFT CT2025-01$880,0002,11893.3%
81 ALDEN ROAD2025-04$901,0001,86580.6%

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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 →