The Fair Share Report
229 E Cedar 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 $606,077 – $725,825, 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 $707,677 home should be assessed near $635,848.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $77,248 below what the ratio math suggests (12.1%).
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 |
|---|---|---|---|---|
| 86 HOWLAND AVE | 2025-08 | $580,000 | 1,653 | 94.5% |
| 793 DEARBORN ST | 2025-10 | $700,000 | 1,781 | 114.6% |
| 556 SANDRA PL | 2025-11 | $640,000 | 1,584 | 85.2% |
| 216 STUYVESANT RD | 2025-08 | $600,000 | 1,734 | 75.1% |
| 616 RIVER RD | 2026-01 | $601,200 | 1,784 | 89.8% |
| 219 SHEPARD AVE | 2025-04 | $702,000 | 1,600 | 70.7% |
| 589 ALBIN ST | 2025-09 | $790,000 | 1,807 | 83.9% |
| 169 HENRY ST | 2025-09 | $630,000 | 1,468 | 84.8% |
| 850 BROAD ST | 2026-03 | $642,000 | 1,710 | 79.4% |
| 875 GREENWOOD RD | 2025-04 | $835,000 | 1,820 | 70.4% |
| 794 GEORGE ST | 2026-05 | $710,000 | 1,582 | 74.8% |
| 77 BENNETT RD | 2025-10 | $840,000 | 1,682 | 70.9% |
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