The Fair Share Report

91 Buff Rd

Tenafly, NJ 07670

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

≈ $1,460,713

Likely range $1,261,993 – $1,938,849, from 12 comparable Tenafly sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

64.25%

The state's official measure of how far Tenafly assessments sit below market value — republished every October, applied town-wide. A $1,460,713 home should be assessed near $938,508.

Step 3 · Assessed value

$748,900

Set at the last town-wide revaluation and mostly frozen since. That's $189,608 below what the ratio math suggests (20.2%).

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

$2.972 per $100 assessed

$1.924 Schools · 65% $0.332 County · 11% $0.716 Town · 24%

Step 5 · The bill

$22,155/yr
Public schools$14,342
Bergen County$2,475
Town of Tenafly$5,337
Tenafly average$25,123

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

Town median 54.4%
This home · 51.3%

33%79%

Paying about right

This home's ratio lands inside Tenafly'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
72 DOWNEY DR2025-12$999,0002,93979.0%
5 N SUMMIT ST2025-03$1,435,0002,88055.4%
48 WINDSOR RD2025-12$1,957,0002,95743.1%
151 THATCHER RD2025-02$1,400,0002,72155.0%
157 DOWNEY DR2025-10$1,450,0002,80258.4%
8 HOWARD PARK DR2026-03$2,060,0002,77240.3%
54 WINDSOR RD2025-04$999,9002,55033.4%
24 KNOLL RD2025-03$1,645,0002,90861.2%
57 RICHARD ST2025-06$1,100,0002,43252.5%
57 LEONARD AVE2025-09$1,533,0003,34665.5%
136 STONEHURST DR2025-12$1,700,0003,31766.1%
2 HOWARD PARK DR2025-02$1,520,0003,06058.1%

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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 →