The Fair Share Report

673 Cambridge Rd

Paramus, NJ 07660

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

≈ $803,226

Likely range $738,095 – $876,190, from 12 comparable Paramus sales in the past 18 months, at this home's 1,440 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 $803,226 home should be assessed near $749,410.

Step 3 · Assessed value

$760,200

Set at the last town-wide revaluation and mostly frozen since. That's $10,790 above what the ratio math suggests (1.4%).

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 $1.276 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$9,702/yr
Public schools$4,589
Bergen County$1,560
Town of Paramus$3,553
Paramus average$13,058

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

Town median 89.0%
This home · 94.6%

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
133 ARNOT PLACE2026-01$810,0001,43978.0%
405 TERHUNE AVENUE2026-06$810,0001,43877.5%
88 GLEN AVENUE2025-01$780,5001,44882.7%
190 DENVER RD2025-05$830,0001,488102.2%
210 DENVER ROAD2025-05$850,0001,39281.5%
165 HEBBERD AVENUE2026-02$695,0001,49295.7%
217 CONCORD DRIVE2026-02$700,0001,38888.2%
197 FREDRICK STREET2025-06$850,0001,38674.4%
624 WEST DR2026-03$910,0001,49878.8%
395 HICKORY AVE.2025-05$710,0001,50399.0%
247 GORDEN DRIVE2025-04$815,0001,508122.3%
715 BUSH PLACE2026-03$775,0001,51291.9%

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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 →