The Fair Share Report
781 Arbor 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 $2,008,829 – $2,636,373, from 12 comparable Paramus sales in the past 18 months, at this home's 5,344 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 $2,575,652 home should be assessed near $2,403,083.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $61,383 below what the ratio math suggests (2.6%).
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 $1.442 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%122%
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 |
|---|---|---|---|---|
| 645 CAMBRIDGE RD | 2026-04 | $1,330,000 | 4,722 | 88.0% |
| 44 FORSYTHIA LANE | 2026-04 | $1,600,000 | 4,480 | 71.2% |
| 229 DIANE PLACE | 2025-04 | $2,550,000 | 5,300 | 97.7% |
| 532 BURLINGTON ST. | 2025-05 | $2,590,000 | 5,250 | 98.1% |
| 799 KEARNEY PLACE | 2025-02 | $2,700,000 | 5,602 | 91.9% |
| 5 SIPPORTA LANE | 2025-04 | $2,680,000 | 5,760 | 91.8% |
| 391 HARRISON STREET | 2026-01 | $2,600,000 | 4,950 | 98.2% |
| 153 GEERING TERRACE | 2025-03 | $2,350,000 | 4,850 | 97.7% |
| 298 GORDEN DRIVE | 2025-01 | $1,725,000 | 3,560 | 96.6% |
| 156 STUART STREET | 2026-05 | $2,425,000 | 4,740 | 107.1% |
| 58 BENTON ROAD | 2025-04 | $1,755,000 | 3,388 | 92.2% |
| 16 COLUMBINE ROAD | 2026-02 | $1,560,000 | 4,150 | 87.0% |
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