The Fair Share Report

89 Cresskill

Dumont, NJ 07628

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

≈ $522,905

Likely range $464,810 – $565,188, from 12 comparable Dumont sales in the past 18 months, at this home's 1,152 sq ft.

Step 2 · The Director's Ratio

95.31%

The state's official measure of how far Dumont assessments sit below market value — republished every October, applied town-wide. A $522,905 home should be assessed near $498,381.

Step 3 · Assessed value

$516,000

Set at the last town-wide revaluation and mostly frozen since. That's $17,619 above what the ratio math suggests (3.5%).

Step 4 · The tax rate — same for every Dumont home

$2.340 per $100 assessed

$1.304 Schools · 56% $0.233 County · 10% $0.803 Town · 34%

This home's own bill implies $2.182 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$11,260/yr
Public schools$6,275
Bergen County$1,121
Town of Dumont$3,864
Dumont average$13,046

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

Town median 92.0%
This home · 98.7%

77%121%

Paying about right

This home's ratio lands inside Dumont'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
79 FOREST RD2026-05$470,0001,206115.1%
55 COLONIAL PKWY2025-02$590,0001,24196.0%
25 WINDSOR DRIVE2025-03$495,0001,231104.0%
36 ELM ST2025-02$500,0001,211102.3%
7 OVERLOOK2026-04$650,0001,11578.2%
135 E LINDEN2026-02$570,0001,32387.8%
56 SENECA AVE2026-02$590,0001,19786.0%
34 MARGARET CT2026-04$622,0001,23485.7%
51 WOLCOTT RD2025-05$560,0001,36097.9%
100 ROMANO DR2025-05$625,0001,35092.0%
56 COOPER AVE2025-03$510,0001,26498.9%
28 SEMINOLE AVE2025-05$575,0001,17294.4%

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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 →