The Fair Share Report
66 Pershing Pl
Cresskill, NJ 07626
The town adjusts for market price changes once a year — but only based on the average price change of all homes in the area. This report checks whether this house's assessment kept pace.
This home's payments are about right
It sits inside Cresskill's normal range — market price changes haven't singled it out. No case for a tax appeal.
Step 1 · Market value
Likely range $1,210,332 – $1,641,731, from 12 comparable Cresskill sales in the past 18 months (home size estimated from assessor data — range widened).
Step 2 · The Director's Ratio
The state's official measure of how far Cresskill assessments sit below market value — republished every October, applied town-wide. A $1,428,089 home should be assessed near $1,126,048.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $111,452 above what the ratio math suggests (9.9%).
Step 4 · The tax rate — same for every Cresskill home
$1.256 Schools · 55% $0.262 County · 12% $0.750 Town · 33%
This home's own bill implies $2.034 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Cresskill sale · assessed ÷ market
64%108%
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 216 10TH ST | 2025-04 | $1,613,000 | 2,840 | 69.2% |
| 79 CEDAR ST | 2025-05 | $1,930,000 | 3,022 | 85.1% |
| 40 5TH STREET | 2026-04 | $1,875,000 | 3,467 | 76.0% |
| 127 HILLSIDE AVE | 2026-06 | $1,225,000 | 2,888 | 82.2% |
| 23 LEGION DR., UNIT 202 | 2026-05 | $1,135,000 | 2,264 | 85.7% |
| 336 HIGHLAND ST | 2025-04 | $1,657,000 | 3,204 | 74.1% |
| 187 BROADWAY | 2026-02 | $850,000 | 2,586 | 107.5% |
| 179 5TH STREET | 2025-03 | $1,499,000 | 2,124 | 78.9% |
| 21 CEDAR ST | 2026-06 | $1,350,000 | 2,850 | 80.1% |
| 15 LANCASTER COURT | 2025-05 | $1,615,000 | 2,728 | 74.2% |
| 145 13TH ST | 2026-01 | $1,300,000 | 2,930 | 79.0% |
| 282 COUNTY RD | 2025-03 | $1,200,000 | 2,614 | 78.5% |
Is this your house?
Run your own report →