The Fair Share Report
92 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.
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Step 1 · Market value
Likely range $913,516 – $1,329,281, from 12 comparable Tenafly sales in the past 18 months (home size estimated from assessor data — range widened).
Step 2 · The Director's Ratio
The state's official measure of how far Tenafly assessments sit below market value — republished every October, applied town-wide. A $1,192,509 home should be assessed near $766,187.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $336,987 below what the ratio math suggests (44.0%).
Step 4 · The tax rate — same for every Tenafly home
$1.924 Schools · 65% $0.332 County · 11% $0.716 Town · 24%
Step 5 · The bill
This home vs. every recent Tenafly sale · assessed ÷ market
27%79%
Keep quiet and enjoy it
This home's assessment ratio sits below the Tenafly pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 53 DOWNEY DR | 2026-04 | $1,375,000 | 1,750 | 49.6% |
| 12 LOUISE LN | 2026-05 | $1,225,000 | 1,716 | 49.5% |
| 170 HICKORY AVE | 2026-03 | $1,295,000 | 1,964 | 54.4% |
| 26 CLOVER ST | 2025-08 | $1,225,000 | 1,700 | 43.5% |
| 58 COUNTRY CLUB RD | 2025-12 | $1,175,000 | 1,653 | 48.4% |
| 65 DAY AVE | 2025-08 | $1,050,000 | 1,969 | 51.1% |
| 66 WOODMERE LN | 2025-10 | $900,000 | 1,603 | 38.9% |
| 33 CLOVER ST | 2026-06 | $735,000 | 2,072 | 75.5% |
| 29 ESMOND PL | 2026-04 | $998,000 | 1,616 | 46.0% |
| 95 WOODLAND PARK DR | 2025-06 | $1,210,000 | 1,904 | 58.3% |
| 117 SERPENTINE RD | 2026-03 | $1,200,000 | 1,672 | 59.0% |
| 106 PROSPECT TERR | 2025-05 | $999,999 | 1,522 | 53.2% |
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