The Fair Share Report

68 Cresskill

Dumont, NJ 07628

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

≈ $591,199

Likely range $553,412 – $638,969, from 12 comparable Dumont sales in the past 18 months, at this home's 1,344 sq ft.

Step 2 · The Director's Ratio

95.31%

The state's official measure of how far Dumont assessments sit below market value — republished every October, applied town-wide. A $591,199 home should be assessed near $563,472.

Step 3 · Assessed value

$538,800

Set at the last town-wide revaluation and mostly frozen since. That's $24,672 below what the ratio math suggests (4.4%).

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

$2.340 per $100 assessed

$1.304 Schools · 56% $0.233 County · 10% $0.803 Town · 34%

This home's own bill implies $2.184 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$11,766/yr
Public schools$6,557
Bergen County$1,172
Town of Dumont$4,037
Dumont average$13,046

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

Town median 92.0%
This home · 91.1%

77%121%

Paying about right

This home's ratio lands inside Dumont'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
61 WYANDOTTE AVE2025-02$563,0001,28896.7%
51 WOLCOTT RD2025-05$560,0001,36097.9%
34 MARGARET CT2026-04$622,0001,23485.7%
100 ROMANO DR2025-05$625,0001,35092.0%
205 NEW MILFORD AVE2025-05$650,0001,43280.5%
9 HICKORY2025-01$589,0001,33993.6%
135 PARK AVE2025-05$650,0001,46687.6%
91 LARCH AVE2025-04$685,0001,33188.0%
25 WINDSOR DRIVE2025-03$495,0001,231104.0%
55 COLONIAL PKWY2025-02$590,0001,24196.0%
37 W REVERE DR2025-04$490,0001,442128.7%
135 E LINDEN2026-02$570,0001,32387.8%

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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 →