The Fair Share Report

138 E Maple St

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

≈ $602,042

Likely range $497,456 – $637,632, 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 $602,042 home should be assessed near $540,935.

Step 3 · Assessed value

$396,400

Set at the last town-wide revaluation and mostly frozen since. That's $144,535 below what the ratio math suggests (26.7%).

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

$9,085/yr
Public schools$4,957
Bergen County$956
Town of Teaneck$3,173
Teaneck average$14,378

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

Town median 81.8%
This home · 65.8%

57%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
1135 TUXEDO SQ2025-05$660,0001,72874.0%
86 FAIRVIEW AVE2025-07$572,5001,96985.7%
7 ELIOT COURT2025-12$510,0001,910100.0%
343 FRENCH COURT2026-05$630,0001,82472.7%
358 FRENCH COURT2026-02$625,0001,82470.9%
370 FRENCH COURT2025-11$605,0001,82472.6%
260 HAMILTON RD2026-06$760,0001,75464.9%
752 REDMOND ST2025-01$745,0001,66879.7%
841 PRINCE ST2026-05$555,0001,68584.1%
216 STUYVESANT RD2025-08$600,0001,73475.1%
738 BAYARD ST2025-04$690,0001,91578.5%
17 CRANFORD PL2025-06$625,0001,75284.8%

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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 →