The Fair Share Report

732 Bryant St

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

≈ $853,798

Likely range $804,005 – $948,910, 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 $853,798 home should be assessed near $796,594.

Step 3 · Assessed value

$502,700

Set at the last town-wide revaluation and mostly frozen since. That's $293,894 below what the ratio math suggests (36.9%).

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 $1.392 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$6,996/yr
Public schools$3,309
Bergen County$1,125
Town of Paramus$2,562
Paramus average$13,058

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

Town median 89.0%
This home · 58.9%

48%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)

AddressSoldPriceSq ftRatio
378 S TERHUNE AVE2026-04$940,0001,56381.7%
624 WEST DR2026-03$910,0001,49878.8%
786 WYNETTA PLACE2025-04$779,0001,55451.6%
E 214 WILSEY COURT2025-06$951,0001,52484.3%
122 ARNOT PLACE2026-05$866,0001,56179.7%
88 GLEN AVENUE2025-01$780,5001,44882.7%
739 BOYD RD2025-03$840,0001,522248.2%
817 ALDEN ROAD2025-05$855,0001,56083.8%
715 BUSH PLACE2026-03$775,0001,51291.9%
76 CRAIN ROAD2025-05$920,0001,51280.0%
761 CATHY ANN COURT2025-02$850,0001,61696.0%
331 ELLEN PLACE2026-01$880,0001,58085.8%

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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 →