The town of Paramus is located twenty five minutes away from the Lincoln Tunnel and thirty minutes from the George Washington Bridge. Paramus has easy access to major highways and to major domestic and international airports.
Paramus is one of the largest shopping destinations in America with many high-end stores and shopping centers enjoyed by shoppers from around the area and New York City.
Paramus residents have access to many parks in town and natural habitats with the only zoo in Bergen County in Van Saun County Park and a six mile bike path stretching from Ridgewood to Rochelle Park.
The town of Paramus has relatively low property taxes and highly ranked public and private schools.
Average Price reflects the average price of single family homes sold in particular town. It is calculated based on the twelve month moving average (geometric mean).
General Tax Rate is used to determine the amount of real estate tax levied upon a particular property. This rate is used to compute the tax bill.
Effective Tax Rate is used to compare of one district to another district based on the assumption that all districts are at 100% valuation. This rate has been computed by the State of New Jersey Department of the Treasury using County Equalization Average Ratios. This rate is NOT to be used to compute the tax bill.
Homes Sold is the number of single family homes sold in a particular district in the past 12 month period.
Data Source: US Census 2010, NJ MLS, State of New Jersey Department of the Treasury