The Fair Share Report
111 E Forest Ave
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $522,766 – $622,486, from 12 comparable Teaneck 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 Teaneck assessments sit below market value — republished every October, applied town-wide. A $595,888 home should be assessed near $535,405.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $171,205 below what the ratio math suggests (32.0%).
Step 4 · The tax rate — same for every Teaneck home
$1.250 Schools · 55% $0.241 County · 11% $0.800 Town · 35%
Step 5 · The bill
This home vs. every recent Teaneck sale · assessed ÷ market
53%109%
Keep quiet and enjoy it
This home's assessment ratio sits below the Teaneck pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 364 BILLINGTON RD | 2026-03 | $610,000 | 1,331 | 91.0% |
| 92 ENGLEWOOD AVE | 2025-01 | $595,000 | 1,340 | 68.1% |
| 55 HAMILTON RD | 2026-06 | $665,000 | 1,360 | 68.4% |
| 242 HAMILTON RD | 2025-07 | $550,000 | 1,345 | 65.4% |
| 616 KENT AVE | 2025-01 | $593,000 | 1,324 | 79.6% |
| 155 LIBERTY RD | 2025-11 | $599,000 | 1,402 | 73.0% |
| 133 SHEPARD AVE | 2025-09 | $460,000 | 1,382 | 66.5% |
| 1653 ARDSLEY CT | 2025-10 | $525,000 | 1,324 | 90.3% |
| 253 INTERVALE RD | 2026-05 | $490,000 | 1,258 | 76.8% |
| 97 PROSPECT TERR | 2025-02 | $638,000 | 1,408 | 71.5% |
| 633 LINDEN AVE | 2025-05 | $620,000 | 1,344 | 81.1% |
| 1141 TUXEDO SQ | 2026-01 | $500,000 | 1,305 | 72.2% |
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