The Fair Share Report

68 Buff Rd

Tenafly, NJ 07670

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

≈ $1,167,857

Likely range $942,015 – $1,502,659, from 12 comparable Tenafly sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

64.25%

The state's official measure of how far Tenafly assessments sit below market value — republished every October, applied town-wide. A $1,167,857 home should be assessed near $750,348.

Step 3 · Assessed value

$558,100

Set at the last town-wide revaluation and mostly frozen since. That's $192,248 below what the ratio math suggests (25.6%).

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

$2.972 per $100 assessed

$1.924 Schools · 65% $0.332 County · 11% $0.716 Town · 24%

Step 5 · The bill

$16,592/yr
Public schools$10,741
Bergen County$1,854
Town of Tenafly$3,997
Tenafly average$25,123

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

Town median 54.4%
This home · 47.8%

32%79%

Paying about right

This home's ratio lands inside Tenafly'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
41 CYPRESS ST2025-09$1,598,0002,18248.1%
23 BENJAMIN RD2025-10$1,100,0002,14851.9%
162 ELM ST2026-01$1,550,0002,13439.9%
28 LOUISE LN2025-10$1,520,0002,30141.7%
33 CLOVER ST2026-06$735,0002,07275.5%
44 HOWARD PK DR2025-06$1,200,0002,27461.8%
170 HICKORY AVE2026-03$1,295,0001,96454.4%
57 RICHARD ST2025-06$1,100,0002,43252.5%
105 SUSSEX RD2025-07$1,200,0002,24036.3%
35 COLUMBUS DR2026-04$1,200,0002,10046.0%
40 S PARK DR2025-12$1,250,0002,08559.0%
368 KNICKERBOCKER RD2025-07$830,0002,01063.1%

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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 →