The Fair Share Report
147 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $550,706 – $753,648, 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 $675,083 home should be assessed near $606,562.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $126,062 below what the ratio math suggests (20.8%).
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
58%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 |
|---|---|---|---|---|
| 257 ELM AVE | 2026-03 | $770,000 | 1,652 | 70.1% |
| 77 OAKDENE AVE | 2026-06 | $805,000 | 1,779 | 76.7% |
| 731 WENDEL PL | 2025-08 | $565,000 | 1,716 | 113.1% |
| 708 LINDEN AVE | 2025-12 | $555,000 | 1,797 | 102.8% |
| 336 VANDELINDA AVE | 2025-09 | $725,000 | 1,678 | 47.4% |
| 1372 RIVER RD | 2025-06 | $780,000 | 1,736 | 73.9% |
| 486 WYNDHAM RD | 2025-06 | $655,000 | 1,764 | 87.9% |
| 703 LINDEN AVE | 2026-05 | $689,000 | 1,652 | 73.0% |
| 194 ELM AVE | 2025-10 | $655,000 | 1,754 | 93.5% |
| 641 PALISADE AVE | 2025-05 | $575,000 | 1,783 | 104.8% |
| 109 BOGERT ST | 2025-07 | $610,000 | 1,623 | 78.8% |
| 501 CUMBERLAND AVE | 2026-05 | $740,000 | 1,721 | 78.9% |
Is this your house?
Run your own report →