The Fair Share Report
84 Miles St
Alpine, NJ 07620
The town adjusts for market price changes once a year — but only based on the average price change of all homes in the area. This report checks whether this house's assessment kept pace.
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Not enough sales for an honest verdict
Too few comparable recent sales in Alpine to judge fairly — so we won't guess. The town's current median assessment ratio is 80.1%.
Step 2 · The Director's Ratio
The state's official measure of how far Alpine assessments sit below market value — republished every October, applied town-wide.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since.
Step 4 · The tax rate — same for every Alpine home
$0.382 Schools · 46% $0.246 County · 29% $0.209 Town · 25%
Step 5 · The bill
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 27 ALPINE DRIVE | 2025-12 | $970,000 | 1,850 | 60.6% |
| 38 DUBOIS AVENUE | 2025-09 | $999,000 | 2,260 | 62.9% |
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