The Fair Share Report
92 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $376,132 – $473,991, from 12 comparable Dumont 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 Dumont assessments sit below market value — republished every October, applied town-wide. A $430,514 home should be assessed near $410,323.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $31,077 above what the ratio math suggests (7.6%).
Step 4 · The tax rate — same for every Dumont home
$1.304 Schools · 56% $0.233 County · 10% $0.803 Town · 34%
This home's own bill implies $2.175 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Dumont sale · assessed ÷ market
77%123%
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 82 CRESSKILL | 2026-02 | $558,000 | 1,272 | 88.4% |
| 56 COOPER AVE | 2025-03 | $510,000 | 1,264 | 98.9% |
| 128 LAFAYETTE AVE | 2025-05 | $450,000 | 993 | 92.8% |
| 56 SENECA AVE | 2026-02 | $590,000 | 1,197 | 86.0% |
| 162 LAFAYETTE AVE | 2025-04 | $524,000 | 1,356 | 102.0% |
| 182 BEDFORD RD | 2025-01 | $412,000 | 1,010 | 155.6% |
| 50 BROOKFIELD | 2025-04 | $495,000 | 980 | 103.9% |
| 93 ERIE ST | 2025-03 | $650,000 | 1,424 | 89.8% |
| 7 OVERLOOK | 2026-04 | $650,000 | 1,115 | 78.2% |
| 79 FOREST RD | 2026-05 | $470,000 | 1,206 | 115.1% |
| 135 E LINDEN | 2026-02 | $570,000 | 1,323 | 87.8% |
| 25 WINDSOR DRIVE | 2025-03 | $495,000 | 1,231 | 104.0% |
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