The Fair Share Report

103 Intervale Rd

Teaneck, NJ 07666

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

≈ $693,140

Likely range $632,463 – $766,627, from 12 comparable Teaneck sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

89.85%

The state's official measure of how far Teaneck assessments sit below market value — republished every October, applied town-wide. A $693,140 home should be assessed near $622,786.

Step 3 · Assessed value

$484,300

Set at the last town-wide revaluation and mostly frozen since. That's $138,486 below what the ratio math suggests (22.2%).

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

$2.291 per $100 assessed

$1.250 Schools · 55% $0.241 County · 11% $0.800 Town · 35%

Step 5 · The bill

$11,100/yr
Public schools$6,056
Bergen County$1,168
Town of Teaneck$3,876
Teaneck average$14,378

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

Town median 81.8%
This home · 69.9%

58%109%

Paying about right

This home's ratio lands inside Teaneck'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
1073 BROMLEY AVE2025-09$650,0001,79889.4%
1081 LAMBERT RD2025-06$870,0001,75474.0%
1372 RIVER RD2025-06$780,0001,73673.9%
710 WENDEL PL2026-04$740,0001,84895.4%
67 DOHRMANN AVE2025-01$701,0001,81476.5%
1106 BROMLEY AVE2026-02$680,0001,93490.3%
649 OGDEN AVE2026-06$785,0001,83699.3%
636 TILDEN AVE2025-09$707,0001,72677.0%
731 WENDEL PL2025-08$565,0001,716113.1%
17 CRANFORD PL2025-06$625,0001,75284.8%
1105 BELLE AVE2026-03$675,0001,65988.1%
42 GRAYSON PL2025-09$685,0001,82775.8%

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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 →