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.
This home's full record →Check another house →
Step 1 · Market value
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
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
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
$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
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 1135 TUXEDO SQ | 2025-05 | $660,000 | 1,728 | 74.0% |
| 86 FAIRVIEW AVE | 2025-07 | $572,500 | 1,969 | 85.7% |
| 7 ELIOT COURT | 2025-12 | $510,000 | 1,910 | 100.0% |
| 343 FRENCH COURT | 2026-05 | $630,000 | 1,824 | 72.7% |
| 358 FRENCH COURT | 2026-02 | $625,000 | 1,824 | 70.9% |
| 370 FRENCH COURT | 2025-11 | $605,000 | 1,824 | 72.6% |
| 260 HAMILTON RD | 2026-06 | $760,000 | 1,754 | 64.9% |
| 752 REDMOND ST | 2025-01 | $745,000 | 1,668 | 79.7% |
| 841 PRINCE ST | 2026-05 | $555,000 | 1,685 | 84.1% |
| 216 STUYVESANT RD | 2025-08 | $600,000 | 1,734 | 75.1% |
| 738 BAYARD ST | 2025-04 | $690,000 | 1,915 | 78.5% |
| 17 CRANFORD PL | 2025-06 | $625,000 | 1,752 | 84.8% |
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