The Fair Share Report

75 Poplar 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.

Step 1 · Market value

≈ $1,264,936

Likely range $1,055,758 – $1,494,574, 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 $1,264,936 home should be assessed near $1,180,185.

Step 3 · Assessed value

$1,513,000

Set at the last town-wide revaluation and mostly frozen since. That's $332,815 above what the ratio math suggests (28.2%).

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 $1.418 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$21,457/yr
Public schools$10,149
Bergen County$3,450
Town of Paramus$7,858
Paramus average$13,058

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

Town median 89.0%
This home · 119.6%

65%149%

Looks meaningfully over-assessed

Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (100.00%) — roughly $4,989/yr at stake. NJ appeals are generally due April 1.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
114 WHITEPINE COURT2026-02$1,065,0002,88294.3%
349 BULLARD AVE.2025-02$1,600,0002,73182.2%
132 WHITEPINE COURT2025-05$980,0002,600102.5%
206 COOMBS DRIVE2025-03$1,235,0002,55689.0%
101 GLEN AVENUE2026-03$1,100,0002,84188.1%
118 SCARLET OAK LANE2025-02$918,0002,308100.2%
16 MULBERRY COURT2025-02$975,0002,30894.4%
2 SKYE DRIVE2026-05$1,500,0002,93079.5%
20 SKYE DRIVE2025-01$1,100,0002,930108.5%
265 PURDUE COURT2026-01$1,350,0002,68481.9%
43 FERNDALE ROAD2025-04$1,950,0003,20086.9%
133 MORRISTOWN PLACE2026-03$1,390,0003,11270.2%

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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 →