The Fair Share Report
175 Cherry Ln
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 $889,530 – $1,249,103, 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 $1,097,527 home should be assessed near $986,128.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $12,372 above what the ratio math suggests (1.3%).
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%118%
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 |
|---|---|---|---|---|
| 518 STANDISH RD | 2025-08 | $982,695 | 3,286 | 100.8% |
| 739 PALMER AVE | 2025-05 | $839,000 | 3,322 | 122.8% |
| 145 CHERRY LANE | 2025-08 | $1,500,000 | 3,428 | 72.1% |
| 681 PALISADE AVE | 2026-04 | $1,250,000 | 3,335 | 79.9% |
| 1354 DICKERSON RD | 2025-07 | $1,200,000 | 2,973 | 66.3% |
| 95 JOHNSON AVE | 2025-10 | $915,000 | 2,706 | 80.8% |
| 1219 SUSSEX RD | 2025-07 | $1,295,000 | 3,649 | 78.2% |
| 264 CHURCHILL RD | 2025-06 | $973,500 | 2,879 | 86.7% |
| 511 EMERSON AVE | 2026-05 | $860,000 | 3,000 | 113.8% |
| 558 GRANT TERR | 2025-02 | $960,000 | 2,726 | 87.8% |
| 1 GRANGE CT | 2026-04 | $1,060,000 | 2,755 | 86.0% |
| 205 VANDELINDA AVE | 2025-09 | $1,250,000 | 3,640 | 99.4% |
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