The Fair Share Report

811 Pascack 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

≈ $762,069

Likely range $752,308 – $851,364, from 12 comparable Paramus sales in the past 18 months, at this home's 1,248 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 $762,069 home should be assessed near $711,010.

Step 3 · Assessed value

$602,700

Set at the last town-wide revaluation and mostly frozen since. That's $108,310 below what the ratio math suggests (15.2%).

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 $1.399 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$8,430/yr
Public schools$3,987
Bergen County$1,355
Town of Paramus$3,088
Paramus average$13,058

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

Town median 89.0%
This home · 79.1%

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
236 WOODCREST RD2025-03$830,0001,222107.8%
590 BIRCHWOOD ROAD2026-03$850,0001,24673.2%
85 OLIVER ROAD2026-04$815,0001,35282.1%
682 SYCAMORE ST2025-01$732,0001,21093.6%
83 BIRCHWOOD ROAD2026-01$960,0001,14064.3%
88 GLEN AVENUE2025-01$780,5001,44882.7%
217 CONCORD DRIVE2026-02$700,0001,38888.2%
210 DENVER ROAD2025-05$850,0001,39281.5%
673 CAMBRIDGE RD.2025-04$800,0001,44095.0%
E 214 WILSEY COURT2025-06$951,0001,52484.3%
197 FREDRICK STREET2025-06$850,0001,38674.4%
624 WEST DR2026-03$910,0001,49878.8%

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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 →