The Fair Share Report

136 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.

Step 1 · Market value

≈ $831,583

Likely range $781,238 – $943,532, 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 $831,583 home should be assessed near $747,177.

Step 3 · Assessed value

$611,400

Set at the last town-wide revaluation and mostly frozen since. That's $135,777 below what the ratio math suggests (18.2%).

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%

Step 5 · The bill

$14,013/yr
Public schools$7,646
Bergen County$1,474
Town of Teaneck$4,893
Teaneck average$14,378

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

Town median 81.8%
This home · 73.5%

59%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)

AddressSoldPriceSq ftRatio
580 CHESTNUT AVE2025-02$775,0002,12380.3%
279 GROVE ST2025-10$800,0002,25883.5%
91 GRIGGS AVE2025-05$870,0002,21672.7%
125 BOGERT ST2025-01$680,0001,90773.4%
31 ROBINSON ST2025-05$790,0002,16277.7%
1328 TAFT RD2025-12$660,0002,158103.1%
1329 DICKERSON RD2026-02$750,0002,16991.7%
1090 SUSSEX RD2025-08$930,0002,28070.1%
116 SHERMAN AVE2025-12$750,0002,18284.0%
699 KENT AVE2026-02$750,0002,30584.9%
174 MANHATTAN AVE2026-02$935,0002,06576.7%
1103 CAMBRIDGE RD2025-05$950,0002,27879.9%

Is this your house?

Run your own report →

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 →