The Fair Share Report

131 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.

Step 1 · Market value

≈ $668,394

Likely range $622,386 – $746,421, from 12 comparable Teaneck sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

89.85%

The state's official measure of how far Teaneck assessments sit below market value — republished every October, applied town-wide. A $668,394 home should be assessed near $600,552.

Step 3 · Assessed value

$451,900

Set at the last town-wide revaluation and mostly frozen since. That's $148,652 below what the ratio math suggests (24.8%).

Step 4 · The tax rate — same for every Teaneck home

$2.291 per $100 assessed

$1.250 Schools · 55% $0.241 County · 11% $0.800 Town · 35%

This home's own bill implies $2.237 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$10,108/yr
Public schools$5,515
Bergen County$1,063
Town of Teaneck$3,529
Teaneck average$14,378

This home vs. every recent Teaneck sale · assessed ÷ market

Town median 81.8%
This home · 67.6%

55%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)

AddressSoldPriceSq ftRatio
352 BILLINGTON RD2026-06$735,0001,55284.5%
794 GEORGE ST2026-05$710,0001,58274.8%
169 HENRY ST2025-09$630,0001,46884.8%
155 LIBERTY RD2025-11$599,0001,40273.0%
259 ELM AVE2025-04$680,0001,58275.8%
86 HOWLAND AVE2025-08$580,0001,65394.5%
7 E WALNUT ST2025-01$640,0001,49282.6%
167 WALNUT ST2026-01$515,0001,49792.5%
556 SANDRA PL2025-11$640,0001,58485.2%
1345 SOMERSET RD2025-06$833,0001,43483.5%
80 HOWLAND AVE2025-01$615,0001,42572.2%
1361 TAFT RD2025-01$549,9001,532114.3%

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Estimates from public records — NJ MOD-IV assessments, SR1A usable sales, and Treasury/DCA rate tables. Your house has a history. Write the next chapter on Plotline →