The Fair Share Report

157 Intervale Rd

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

≈ $598,858

Likely range $500,673 – $713,398, 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 $598,858 home should be assessed near $538,074.

Step 3 · Assessed value

$409,800

Set at the last town-wide revaluation and mostly frozen since. That's $128,274 below what the ratio math suggests (23.8%).

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

$9,393/yr
Public schools$5,125
Bergen County$988
Town of Teaneck$3,280
Teaneck average$14,378

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

Town median 81.8%
This home · 68.4%

52%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
34 BENNETT RD2026-01$600,0001,60575.7%
285 WASHINGTON ST2026-01$395,0001,650124.3%
285 WASHINGTON ST2026-01$465,0001,650105.6%
352 BILLINGTON RD2026-06$735,0001,55284.5%
757 BAYARD ST2025-08$665,0001,46073.1%
50 GOLF CT2025-12$550,0001,52683.2%
794 GEORGE ST2026-05$710,0001,58274.8%
97 PROSPECT TERR2025-02$638,0001,40871.5%
752 REDMOND ST2025-01$745,0001,66879.7%
771 STELTON ST2025-08$771,0001,54767.5%
841 PRINCE ST2026-05$555,0001,68584.1%
44 JASPER AVE2026-03$565,0001,59880.9%

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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 →