The Fair Share Report
175 Shepard 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 $580,447 – $707,225, 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 $659,392 home should be assessed near $592,464.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $139,664 below what the ratio math suggests (23.6%).
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
59%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 |
|---|---|---|---|---|
| 183 OAKDENE AVE | 2026-01 | $665,000 | 1,670 | 76.1% |
| 501 CUMBERLAND AVE | 2026-05 | $740,000 | 1,721 | 78.9% |
| 269 HIGHWOOD ST | 2025-11 | $659,000 | 1,680 | 85.9% |
| 973 GARRISON AVE | 2025-08 | $749,999 | 1,734 | 69.1% |
| 260 SHERMAN AVE | 2025-10 | $605,000 | 1,773 | 92.7% |
| 192 KINGS COURT | 2026-05 | $450,000 | 1,650 | 77.2% |
| 703 LINDEN AVE | 2026-05 | $689,000 | 1,652 | 73.0% |
| 88 LINDBERGH BLVD | 2025-08 | $615,000 | 1,796 | 97.4% |
| 341 VAN BUREN AVE | 2026-01 | $670,000 | 1,644 | 80.9% |
| 692 CHESTNUT AVE | 2025-03 | $560,000 | 1,594 | 91.0% |
| 1105 BELLE AVE | 2026-03 | $675,000 | 1,659 | 88.1% |
| 732 RUTLAND AVE | 2025-12 | $620,000 | 1,606 | 110.9% |
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