The Fair Share Report
684 Ter Dr
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $671,228 – $847,914, from 12 comparable Paramus 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 Paramus assessments sit below market value — republished every October, applied town-wide. A $761,949 home should be assessed near $710,898.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $269,998 below what the ratio math suggests (38.0%).
Step 4 · The tax rate — same for every Paramus home
$0.709 Schools · 47% $0.241 County · 16% $0.549 Town · 37%
This home's own bill implies $1.356 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Paramus sale · assessed ÷ market
47%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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 197 FREDRICK STREET | 2025-06 | $850,000 | 1,386 | 74.4% |
| 217 CONCORD DRIVE | 2026-02 | $700,000 | 1,388 | 88.2% |
| 210 DENVER ROAD | 2025-05 | $850,000 | 1,392 | 81.5% |
| 85 OLIVER ROAD | 2026-04 | $815,000 | 1,352 | 82.1% |
| 133 ARNOT PLACE | 2026-01 | $810,000 | 1,439 | 78.0% |
| 190 DENVER RD | 2025-05 | $830,000 | 1,488 | 102.2% |
| 165 HEBBERD AVENUE | 2026-02 | $695,000 | 1,492 | 95.7% |
| 673 CAMBRIDGE RD. | 2025-04 | $800,000 | 1,440 | 95.0% |
| 590 BIRCHWOOD ROAD | 2026-03 | $850,000 | 1,246 | 73.2% |
| 247 GORDEN DRIVE | 2025-04 | $815,000 | 1,508 | 122.3% |
| 598 FALMOUTH AVE | 2025-02 | $750,000 | 1,528 | 112.1% |
| 682 SYCAMORE ST | 2025-01 | $732,000 | 1,210 | 93.6% |
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