The Fair Share Report

713 Paramus Rd

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.

Step 1 · Market value

≈ $1,319,258

Likely range $1,047,901 – $1,456,767, from 12 comparable Paramus sales in the past 18 months (home size estimated from assessor data — range widened).

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 $1,319,258 home should be assessed near $1,230,868.

Step 3 · Assessed value

$1,360,700

Set at the last town-wide revaluation and mostly frozen since. That's $129,832 above what the ratio math suggests (10.5%).

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 $1.426 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$19,405/yr
Public schools$9,178
Bergen County$3,120
Town of Paramus$7,107
Paramus average$13,058

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

Town median 89.0%
This home · 103.1%

65%135%

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
101 GLEN AVENUE2026-03$1,100,0002,84188.1%
114 WHITEPINE COURT2026-02$1,065,0002,88294.3%
133 MORRISTOWN PLACE2026-03$1,390,0003,11270.2%
265 PURDUE COURT2026-01$1,350,0002,68481.9%
209 FILIPPE COURT2025-05$1,050,0002,63290.8%
349 BULLARD AVE.2025-02$1,600,0002,73182.2%
132 WHITEPINE COURT2025-05$980,0002,600102.5%
550 WESTBROOK CT2025-01$1,200,0002,58686.5%
671 DREXEL RD2025-05$1,445,0002,69687.1%
206 COOMBS DRIVE2025-03$1,235,0002,55689.0%
366 MC KINLEY BLVD.2026-02$1,300,0002,75673.9%
360 VALLEY VIEW AVE2026-04$1,435,0003,42473.6%

Is this your house?

Run your own report →

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 →