The Fair Share Report
22 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 $555,300 – $705,099, 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 $623,243 home should be assessed near $559,984.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $59,184 below what the ratio math suggests (10.6%).
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
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 |
|---|---|---|---|---|
| 50 GOLF CT | 2025-12 | $550,000 | 1,526 | 83.2% |
| 780 HARTWELL ST | 2025-05 | $615,000 | 1,496 | 75.5% |
| 173 GRAYSON PL | 2026-02 | $575,000 | 1,518 | 86.6% |
| 1095 LAMBERT RD | 2025-01 | $695,000 | 1,467 | 88.7% |
| 87 GRAYSON PL | 2026-04 | $650,000 | 1,428 | 76.2% |
| 365 ROCKLEDGE PL | 2026-04 | $680,000 | 1,428 | 75.9% |
| 898 HELEN ST | 2025-07 | $700,000 | 1,636 | 67.4% |
| 44 JASPER AVE | 2026-03 | $565,000 | 1,598 | 80.9% |
| 110 VAN BUREN AVE | 2025-02 | $617,500 | 1,590 | 79.8% |
| 543 SAGAMORE AVE | 2026-01 | $660,000 | 1,464 | 83.4% |
| 140 BLAUVELT ST | 2025-09 | $598,750 | 1,620 | 80.5% |
| 40 DOHRMANN AVE | 2026-03 | $657,500 | 1,640 | 81.7% |
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