The Fair Share Report
119 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 $401,031 – $669,556, 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 $569,727 home should be assessed near $511,900.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $106,700 below what the ratio math suggests (20.8%).
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
55%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 |
|---|---|---|---|---|
| 290 QUEEN ANNE RD | 2025-03 | $415,000 | 1,467 | 111.2% |
| 1293 BEAUMONT AVE | 2025-08 | $665,000 | 1,453 | 87.5% |
| 73 FAIRVIEW AVE | 2026-05 | $690,000 | 1,440 | 64.8% |
| 179 W FOREST AVE | 2025-05 | $350,000 | 1,458 | 141.5% |
| 42 E FOREST AVE | 2025-03 | $560,000 | 1,481 | 86.2% |
| 299 RUTLAND AVE | 2025-05 | $765,000 | 1,534 | 87.4% |
| 72 CHURCH ST | 2025-07 | $420,000 | 1,426 | 119.0% |
| 308 WOODBINE ST | 2025-10 | $360,000 | 1,650 | 112.8% |
| 209 PARK AVE | 2026-01 | $520,000 | 1,428 | 88.3% |
| 554 HILLCREST ST | 2025-05 | $670,000 | 1,571 | 80.1% |
| 1333 PRINCETON RD | 2025-05 | $770,000 | 1,436 | 82.0% |
| 620 CHESTNUT AVE | 2025-11 | $595,000 | 1,458 | 85.5% |
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