The Fair Share Report

645 Cambridge Rd

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

≈ $2,302,593

Likely range $2,233,576 – $2,446,018, from 12 comparable Paramus sales in the past 18 months, at this home's 4,722 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 $2,302,593 home should be assessed near $2,148,319.

Step 3 · Assessed value

$1,170,600

Set at the last town-wide revaluation and mostly frozen since. That's $977,719 below what the ratio math suggests (45.5%).

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 $1.423 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$16,663/yr
Public schools$7,881
Bergen County$2,679
Town of Paramus$6,103
Paramus average$13,058

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

Town median 89.0%
This home · 50.8%

42%114%

Keep quiet and enjoy it

This home's assessment ratio sits below the Paramus pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.

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

AddressSoldPriceSq ftRatio
44 FORSYTHIA LANE2026-04$1,600,0004,48071.2%
298 GORDEN DRIVE2025-01$1,725,0003,56096.6%
156 STUART STREET2026-05$2,425,0004,740107.1%
58 BENTON ROAD2025-04$1,755,0003,38892.2%
153 GEERING TERRACE2025-03$2,350,0004,85097.7%
16 COLUMBINE ROAD2026-02$1,560,0004,15087.0%
391 HARRISON STREET2026-01$2,600,0004,95098.2%
192 THOMAS DRIVE2026-04$2,380,0004,30697.2%
23 HALCO DRIVE2026-01$1,525,0003,22488.2%
532 BURLINGTON ST.2025-05$2,590,0005,25098.1%
241 WASHINGTON PLACE2025-03$2,100,0004,23596.1%
755 HOLLYBROOK ROAD2025-04$1,900,0004,22292.2%

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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 →