The Fair Share Report
112 Grayson Pl
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 $561,621 – $678,095, from 12 comparable Teaneck sales in the past 18 months, at this home's 1,424 sq ft.
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 $645,250 home should be assessed near $579,757.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $52,357 below what the ratio math suggests (9.0%).
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
64%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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 87 GRAYSON PL | 2026-04 | $650,000 | 1,428 | 76.2% |
| 365 ROCKLEDGE PL | 2026-04 | $680,000 | 1,428 | 75.9% |
| 49 WALNUT ST | 2025-09 | $715,000 | 1,384 | 72.4% |
| 780 HARTWELL ST | 2025-05 | $615,000 | 1,496 | 75.5% |
| 934 ALPINE DR | 2025-06 | $735,000 | 1,349 | 67.5% |
| 27 GRAYSON PL | 2025-10 | $640,000 | 1,372 | 82.7% |
| 50 GOLF CT | 2025-12 | $550,000 | 1,526 | 83.2% |
| 40 MAPLE ST | 2025-06 | $750,000 | 1,468 | 71.3% |
| 1095 LAMBERT RD | 2025-01 | $695,000 | 1,467 | 88.7% |
| 1470 GAYLORD TERR | 2025-04 | $400,000 | 1,443 | 104.7% |
| 543 SAGAMORE AVE | 2026-01 | $660,000 | 1,464 | 83.4% |
| 536 SAGAMORE AVE | 2025-12 | $510,000 | 1,454 | 98.8% |
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