The Fair Share Report
129 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 $375,511 – $575,652, 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 $535,767 home should be assessed near $481,387.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $181,187 below what the ratio math suggests (37.6%).
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
47%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 |
|---|---|---|---|---|
| 1664 TEANECK RD | 2025-04 | $330,000 | 1,136 | 109.5% |
| 62 SELVAGE AVE | 2025-06 | $600,000 | 1,222 | 62.0% |
| 62 SELVAGE AVE | 2025-03 | $416,500 | 1,222 | 89.4% |
| 587 KENWOOD PLACE | 2025-11 | $630,000 | 1,177 | 79.6% |
| 49 FRANKLIN RD | 2025-09 | $610,000 | 1,323 | 74.0% |
| 188 WALNUT ST | 2025-12 | $612,000 | 1,244 | 75.5% |
| 290 QUEEN ANNE RD | 2025-03 | $415,000 | 1,467 | 111.2% |
| 114 HILLSIDE AVE | 2025-08 | $500,000 | 1,213 | 91.7% |
| 184 WALNUT ST | 2025-01 | $420,000 | 1,294 | 98.1% |
| 73 FAIRVIEW AVE | 2026-05 | $690,000 | 1,440 | 64.8% |
| 160 PINEWOOD PL | 2026-03 | $595,000 | 1,128 | 66.0% |
| 605 BEVERLY RD | 2025-01 | $405,000 | 1,123 | 121.3% |
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