The Fair Share Report
155 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 $503,650 – $591,463, 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 $565,227 home should be assessed near $507,856.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $170,156 below what the ratio math suggests (33.5%).
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
52%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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 669 RAMAPO RD | 2026-04 | $575,000 | 1,262 | 81.1% |
| 681 TILDEN AVE | 2025-06 | $515,000 | 1,272 | 100.2% |
| 193 FORT LEE RD | 2026-01 | $435,000 | 1,256 | 110.0% |
| 1157 KATHERINE ST | 2025-01 | $599,000 | 1,264 | 74.5% |
| 114 HILLSIDE AVE | 2025-08 | $500,000 | 1,213 | 91.7% |
| 1154 SUMMIT AVE | 2025-09 | $645,000 | 1,251 | 66.4% |
| 633 LINDEN AVE | 2025-05 | $620,000 | 1,344 | 81.1% |
| 631 MARTENSE AVE | 2025-11 | $500,000 | 1,224 | 95.2% |
| 188 WALNUT ST | 2025-12 | $612,000 | 1,244 | 75.5% |
| 58 HILLSIDE AVE | 2026-02 | $588,000 | 1,291 | 88.2% |
| 587 KENWOOD PLACE | 2025-11 | $630,000 | 1,177 | 79.6% |
| 522 ORITANI PLACE | 2025-05 | $640,000 | 1,403 | 77.1% |
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