The Fair Share Report
88 Benton 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 $730,607 – $826,806, from 12 comparable Paramus sales in the past 18 months, at this home's 1,212 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 $794,754 home should be assessed near $741,505.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $1,324,695 above what the ratio math suggests (178.6%).
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 $1.412 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%288%
Looks meaningfully over-assessed
Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (100.00%) — roughly $19,857/yr at stake. NJ appeals are generally due April 1.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 519 GREEN VALLEY RD. | 2025-03 | $1,750,000 | — | 99.8% |
| 20 GABRIEL COURT | 2026-04 | $999,995 | 1,586 | 106.1% |
| 14 GABRIEL COURT | 2026-03 | $999,000 | 1,586 | 106.2% |
| 12 GABRIEL COURT | 2026-02 | $1,040,000 | 1,586 | 102.0% |
| 682 SYCAMORE ST | 2025-01 | $732,000 | 1,210 | 93.6% |
| 236 WOODCREST RD | 2025-03 | $830,000 | 1,222 | 107.8% |
| 4 SCHUBERT LANE | 2026-05 | $999,000 | 1,202 | 66.6% |
| 590 BIRCHWOOD ROAD | 2026-03 | $850,000 | 1,246 | 73.2% |
| 121 WESTVIEW AVENUE | 2025-03 | $550,000 | 1,256 | 103.2% |
| 271 CENTRAL AVE | 2025-01 | $770,000 | 1,169 | 86.8% |
| 406 TERHUNE AVENUE | 2025-04 | $746,000 | 1,260 | 80.0% |
| 83 BIRCHWOOD ROAD | 2026-01 | $960,000 | 1,140 | 64.3% |
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