The Fair Share Report

75 Brookside Ave

Allendale, NJ 07401

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

≈ $832,014

Likely range $797,152 – $1,084,659, from 12 comparable Allendale sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

85.11%

The state's official measure of how far Allendale assessments sit below market value — republished every October, applied town-wide. A $832,014 home should be assessed near $708,127.

Step 3 · Assessed value

$807,100

Set at the last town-wide revaluation and mostly frozen since. That's $98,973 above what the ratio math suggests (14.0%).

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

$2.030 per $100 assessed

$1.271 Schools · 63% $0.240 County · 12% $0.518 Town · 26%

This home's own bill implies $1.841 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$14,860/yr
Public schools$9,308
Bergen County$1,758
Town of Allendale$3,794
Allendale average$17,911

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

Town median 89.1%
This home · 97.0%

69%110%

Paying about right

This home's ratio lands inside Allendale'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
33 HOMEWOOD AVE2026-04$1,045,0001,81277.7%
75 CHEROKEE AVE2026-04$840,0002,10491.8%
635 FRANKLIN TPKE2025-05$950,0002,40680.7%
703 WHITNEY LANE2025-04$751,0002,04596.7%
89 CHESTNUT ST2025-01$802,0002,254102.3%
1 ACKERSON RD2025-01$1,175,0002,82284.8%
34 HOMEWOOD AVE2026-03$640,0002,120100.3%
255 PARK AVE2026-06$870,0001,70489.6%
260 W ALLENDALE AVE2026-04$800,0001,58474.6%
81 PARK AVE2026-05$790,0001,65975.5%
1002 WHITNEY LANE2026-04$900,0001,77582.8%
2007 WHITNEY LANE2025-05$725,0001,77598.7%

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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 →