The Fair Share Report

809 Highland Ave

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

≈ $1,083,597

Likely range $1,016,521 – $1,192,612, from 12 comparable Paramus sales in the past 18 months, at this home's 2,645 sq ft.

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 $1,083,597 home should be assessed near $1,010,996.

Step 3 · Assessed value

$922,400

Set at the last town-wide revaluation and mostly frozen since. That's $88,596 below what the ratio math suggests (8.8%).

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 $1.413 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$13,034/yr
Public schools$6,165
Bergen County$2,095
Town of Paramus$4,774
Paramus average$13,058

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

Town median 89.0%
This home · 85.1%

65%114%

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)

AddressSoldPriceSq ftRatio
W 193 MIDLAND AVE2025-02$1,080,0003,13090.3%
W 232 MIDLAND AVENUE2026-04$910,0002,21689.8%
684 CAMBRIDGE RD2025-04$1,105,0002,64685.9%
266 SETON HALL DR2025-05$950,0002,612125.0%
E 64 CENTURY ROAD2026-03$820,0002,45895.0%
605 CRAIG AVENUE2026-02$1,200,0002,82480.4%
E 322 MIDLAND AVE.2026-02$1,270,0003,10068.3%
408 CHELSEA ST2026-05$1,255,0002,60273.9%
408 CHELSEA ST2025-04$999,9952,60292.7%
191 MAYFAIR ROAD2025-05$1,111,0002,46483.7%
217 SWEET BRIAR PLACE2026-06$950,0002,40086.2%
603 FOREST AVENUE2025-03$940,0001,97696.6%

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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 →