The Fair Share Report

177 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.

Step 1 · Market value

≈ $557,794

Likely range $473,780 – $617,449, 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 $557,794 home should be assessed near $501,178.

Step 3 · Assessed value

$321,800

Set at the last town-wide revaluation and mostly frozen since. That's $179,378 below what the ratio math suggests (35.8%).

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

$7,376/yr
Public schools$4,024
Bergen County$776
Town of Teaneck$2,576
Teaneck average$14,378

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

Town median 81.8%
This home · 57.7%

47%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)

AddressSoldPriceSq ftRatio
138 LINDBERGH BLVD2025-05$600,0001,22480.6%
149 FAIRVIEW AVE2025-08$520,0001,26066.6%
253 INTERVALE RD2026-05$490,0001,25876.8%
704 GRANT TERR2025-03$620,0001,17077.6%
1141 TUXEDO SQ2026-01$500,0001,30572.2%
1087 CONGRESS AVE2025-08$556,0001,24065.0%
242 HAMILTON RD2025-07$550,0001,34565.4%
133 SHEPARD AVE2025-09$460,0001,38266.5%
150 CIRCLE DRWAY2025-01$515,0001,12872.5%
97 PROSPECT TERR2025-02$638,0001,40871.5%
364 BILLINGTON RD2026-03$610,0001,33191.0%
1676 IRENE CT2025-06$425,0001,20087.3%

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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 →