The Fair Share Report

92 Delaware

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

≈ $948,616

Likely range $768,520 – $1,008,835, from 12 comparable Dumont sales in the past 18 months (home size estimated from assessor data — range widened).

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 $948,616 home should be assessed near $904,126.

Step 3 · Assessed value

$886,900

Set at the last town-wide revaluation and mostly frozen since. That's $17,226 below what the ratio math suggests (1.9%).

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 $2.194 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$19,462/yr
Public schools$10,845
Bergen County$1,938
Town of Dumont$6,679
Dumont average$13,046

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

Town median 92.0%
This home · 93.5%

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
150 BROOK ST2025-05$750,0002,909103.2%
151 ERIE ST2025-04$675,0002,874119.2%
156 E LINDEN2026-02$730,0002,556104.8%
38 SHADYSIDE2025-04$505,0002,061119.9%
107 WYANDOTTE AVE2025-04$735,0002,38199.0%
19 BEDFORD RD2026-04$920,0002,74988.6%
214 DUMONT AVE2026-02$810,0002,58891.1%
56 ONEIDA AVE2025-01$660,0001,94692.7%
72 ONTARIO2026-01$685,0002,536100.1%
166 DE LONG AVE2025-04$815,0002,08086.9%
210 NEW MILFORD AVENUE2025-01$740,0002,32795.9%
150 LENOX2026-02$740,0002,27287.5%

Is this your house?

Run your own report →

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 →