The Fair Share Report

791 Godwin 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.

Step 1 · Market value

≈ $841,584

Likely range $803,728 – $903,132, 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 $841,584 home should be assessed near $785,198.

Step 3 · Assessed value

$586,500

Set at the last town-wide revaluation and mostly frozen since. That's $198,698 below what the ratio math suggests (25.3%).

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 $1.397 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$8,195/yr
Public schools$3,876
Bergen County$1,318
Town of Paramus$3,001
Paramus average$13,058

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

Town median 89.0%
This home · 69.7%

59%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
331 ELLEN PLACE2026-01$880,0001,58085.8%
223 DIANE PLACE2026-01$925,0001,58270.5%
817 ALDEN ROAD2025-05$855,0001,56083.8%
295 GEORGIAN DRIVE2026-03$882,0001,61680.7%
761 CATHY ANN COURT2025-02$850,0001,61696.0%
331 LOCKWOOD DRIVE2025-05$850,0001,63658.5%
105 CIRCLE DRIVE2026-04$890,0001,56282.9%
122 ARNOT PLACE2026-05$866,0001,56179.7%
786 WYNETTA PLACE2025-04$779,0001,55451.6%
296 MONTANA STREET2025-02$808,5001,653219.7%
149 VILLAGE CIRCLE W2026-02$840,0001,65775.6%
490 WILSON AVENUE2026-01$835,0001,64577.2%

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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 →