The Fair Share Report
73 Spring Valley 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $753,936 – $846,588, from 12 comparable Paramus sales in the past 18 months, at this home's 1,504 sq ft.
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 $830,066 home should be assessed near $774,452.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $170,252 below what the ratio math suggests (22.0%).
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 $1.400 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
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| E 214 WILSEY COURT | 2025-06 | $951,000 | 1,524 | 84.3% |
| 739 BOYD RD | 2025-03 | $840,000 | 1,522 | 248.2% |
| 715 BUSH PLACE | 2026-03 | $775,000 | 1,512 | 91.9% |
| 76 CRAIN ROAD | 2025-05 | $920,000 | 1,512 | 80.0% |
| 624 WEST DR | 2026-03 | $910,000 | 1,498 | 78.8% |
| 247 GORDEN DRIVE | 2025-04 | $815,000 | 1,508 | 122.3% |
| 786 WYNETTA PLACE | 2025-04 | $779,000 | 1,554 | 51.6% |
| 673 CAMBRIDGE RD. | 2025-04 | $800,000 | 1,440 | 95.0% |
| 122 ARNOT PLACE | 2026-05 | $866,000 | 1,561 | 79.7% |
| 165 HEBBERD AVENUE | 2026-02 | $695,000 | 1,492 | 95.7% |
| 190 DENVER RD | 2025-05 | $830,000 | 1,488 | 102.2% |
| 133 ARNOT PLACE | 2026-01 | $810,000 | 1,439 | 78.0% |
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