The Fair Share Report

142 E Maple St

Teaneck, NJ 07652

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

≈ $655,214

Likely range $589,756 – $734,741, 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 $655,214 home should be assessed near $588,710.

Step 3 · Assessed value

$433,200

Set at the last town-wide revaluation and mostly frozen since. That's $155,510 below what the ratio math suggests (26.4%).

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

$9,929/yr
Public schools$5,417
Bergen County$1,044
Town of Teaneck$3,467
Teaneck average$14,378

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

Town median 81.8%
This home · 66.1%

54%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
86 FAIRVIEW AVE2025-07$572,5001,96985.7%
7 ELIOT COURT2025-12$510,0001,910100.0%
1135 TUXEDO SQ2025-05$660,0001,72874.0%
738 BAYARD ST2025-04$690,0001,91578.5%
4 WHITMAN COURT2025-11$535,0001,93480.5%
343 FRENCH COURT2026-05$630,0001,82472.7%
358 FRENCH COURT2026-02$625,0001,82470.9%
370 FRENCH COURT2025-11$605,0001,82472.6%
2 LOWELL COURT2025-03$659,0002,09073.0%
875 GREENWOOD RD2025-04$835,0001,82070.4%
260 HAMILTON RD2026-06$760,0001,75464.9%
266 HAMILTON RD2026-03$675,0001,95179.0%

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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 →