The Fair Share Report
117 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $554,377 – $797,550, 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 $696,353 home should be assessed near $625,673.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $136,173 below what the ratio math suggests (21.8%).
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
56%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 |
|---|---|---|---|---|
| 77 BENNETT RD | 2025-10 | $840,000 | 1,682 | 70.9% |
| 1405 RIVER RD | 2025-02 | $685,000 | 1,846 | 92.0% |
| 721 RIVER RD | 2025-06 | $451,200 | 1,857 | 113.5% |
| 32 VANDELINDA AVE | 2025-06 | $769,000 | 1,782 | 83.5% |
| 641 PALISADE AVE | 2025-05 | $575,000 | 1,783 | 104.8% |
| 1220 W LAURELTON PKY | 2025-07 | $850,000 | 1,884 | 83.9% |
| 589 ALBIN ST | 2025-09 | $790,000 | 1,807 | 83.9% |
| 336 VANDELINDA AVE | 2025-09 | $725,000 | 1,678 | 47.4% |
| 263 QUEENS COURT | 2025-07 | $475,000 | 1,786 | 134.6% |
| 622 SO FOREST DR | 2025-09 | $1,075,000 | 1,916 | 79.0% |
| 616 RIVER RD | 2026-01 | $601,200 | 1,784 | 89.8% |
| 1391 SOMERSET GATE | 2025-07 | $715,000 | 1,938 | 95.8% |
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