The Fair Share Report
184 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $595,630 – $810,516, 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 $684,140 home should be assessed near $614,700.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $69,700 below what the ratio math suggests (11.3%).
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
62%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 |
|---|---|---|---|---|
| 4 WHITMAN COURT | 2025-11 | $535,000 | 1,934 | 80.5% |
| 7 ELIOT COURT | 2025-12 | $510,000 | 1,910 | 100.0% |
| 619 GRANT TERR | 2025-10 | $800,000 | 2,251 | 89.3% |
| 80 VOORHEES ST | 2026-02 | $650,000 | 1,964 | 88.8% |
| 875 GREENWOOD RD | 2025-04 | $835,000 | 1,820 | 70.4% |
| 1391 SOMERSET GATE | 2025-07 | $715,000 | 1,938 | 95.8% |
| 680 FOREST AVE | 2025-09 | $810,000 | 1,963 | 87.8% |
| 86 FAIRVIEW AVE | 2025-07 | $572,500 | 1,969 | 85.7% |
| 2 LOWELL COURT | 2025-03 | $659,000 | 2,090 | 73.0% |
| 219 SHEPARD AVE | 2025-04 | $702,000 | 1,600 | 70.7% |
| 622 SO FOREST DR | 2025-09 | $1,075,000 | 1,916 | 79.0% |
| 604 NEW BRIDGE RD | 2025-08 | $690,000 | 1,974 | 93.0% |
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