The Fair Share Report
159 Grayson Pl
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 $586,645 – $824,015, 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 $694,431 home should be assessed near $623,946.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $17,646 below what the ratio math suggests (2.8%).
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
64%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 |
|---|---|---|---|---|
| 710 WENDEL PL | 2026-04 | $740,000 | 1,848 | 95.4% |
| 1073 BROMLEY AVE | 2025-09 | $650,000 | 1,798 | 89.4% |
| 731 WENDEL PL | 2025-08 | $565,000 | 1,716 | 113.1% |
| 1372 RIVER RD | 2025-06 | $780,000 | 1,736 | 73.9% |
| 1081 LAMBERT RD | 2025-06 | $870,000 | 1,754 | 74.0% |
| 1220 W LAURELTON PKY | 2025-07 | $850,000 | 1,884 | 83.9% |
| 793 DEARBORN ST | 2025-10 | $700,000 | 1,781 | 114.6% |
| 880 EASTLAWN DR | 2025-09 | $617,500 | 1,848 | 80.6% |
| 67 DOHRMANN AVE | 2025-01 | $701,000 | 1,814 | 76.5% |
| 1106 BROMLEY AVE | 2026-02 | $680,000 | 1,934 | 90.3% |
| 649 OGDEN AVE | 2026-06 | $785,000 | 1,836 | 99.3% |
| 270 BRIARCLIFFE RD | 2025-02 | $935,000 | 1,981 | 80.8% |
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