The Fair Share Report
76 Spring Dr
Dumont, NJ 07628
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 $618,182 – $808,263, from 12 comparable Dumont sales in the past 18 months (home size estimated from assessor data — range widened).
Step 2 · The Director's Ratio
The state's official measure of how far Dumont assessments sit below market value — republished every October, applied town-wide. A $738,828 home should be assessed near $704,177.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $78,877 below what the ratio math suggests (11.2%).
Step 4 · The tax rate — same for every Dumont home
$1.304 Schools · 56% $0.233 County · 10% $0.803 Town · 34%
This home's own bill implies $2.182 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Dumont sale · assessed ÷ market
72%121%
Paying about right
This home's ratio lands inside Dumont'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 |
|---|---|---|---|---|
| 88 CEDAR RD | 2026-02 | $770,000 | 1,614 | 80.4% |
| 175 BEDFORD RD | 2026-02 | $650,000 | 1,717 | 98.3% |
| 219 LEXINGTON AVENUE | 2025-05 | $760,000 | 1,723 | 92.1% |
| 40 DEPEW ST | 2026-04 | $625,000 | 1,482 | 88.3% |
| 38 HARDING AVE | 2025-05 | $725,000 | 1,580 | 86.6% |
| 211 BEDFORD RD | 2026-03 | $750,000 | 1,468 | 74.9% |
| 15 PLEASANT STREET | 2026-05 | $785,000 | 1,508 | 77.1% |
| 138 SUNSET | 2026-04 | $705,000 | 1,324 | 88.9% |
| 109 DE LONG AVE | 2026-05 | $740,000 | 1,992 | 83.7% |
| 111 DUMONT AVE | 2025-03 | $675,000 | 1,624 | 90.8% |
| 150 LENOX | 2026-02 | $740,000 | 2,272 | 87.5% |
| 166 DE LONG AVE | 2025-04 | $815,000 | 2,080 | 86.9% |
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