The Fair Share Report

106 E Maple St

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

≈ $668,860

Likely range $552,666 – $700,535, 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 $668,860 home should be assessed near $600,971.

Step 3 · Assessed value

$447,800

Set at the last town-wide revaluation and mostly frozen since. That's $153,171 below what the ratio math suggests (25.5%).

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

$10,264/yr
Public schools$5,600
Bergen County$1,080
Town of Teaneck$3,584
Teaneck average$14,378

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

Town median 81.8%
This home · 66.9%

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
86 FAIRVIEW AVE2025-07$572,5001,96985.7%
7 ELIOT COURT2025-12$510,0001,910100.0%
1135 TUXEDO SQ2025-05$660,0001,72874.0%
4 WHITMAN COURT2025-11$535,0001,93480.5%
738 BAYARD ST2025-04$690,0001,91578.5%
2 LOWELL COURT2025-03$659,0002,09073.0%
343 FRENCH COURT2026-05$630,0001,82472.7%
358 FRENCH COURT2026-02$625,0001,82470.9%
370 FRENCH COURT2025-11$605,0001,82472.6%
266 HAMILTON RD2026-03$675,0001,95179.0%
1111 TUXEDO SQ2025-01$740,0002,09158.1%
927 COMMONWEALTH DR2026-01$500,0002,01691.2%

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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 →