The Fair Share Report
243 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 $644,726 – $820,818, 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 $713,869 home should be assessed near $641,411.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $2,011 below what the ratio math suggests (0.3%).
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
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 |
|---|---|---|---|---|
| 80 VOORHEES ST | 2026-02 | $650,000 | 1,964 | 88.8% |
| 680 FOREST AVE | 2025-09 | $810,000 | 1,963 | 87.8% |
| 132 STUYVESANT RD | 2025-06 | $750,000 | 1,987 | 70.1% |
| 266 HAMILTON RD | 2026-03 | $675,000 | 1,951 | 79.0% |
| 972 EASTLAWN DR | 2025-07 | $920,000 | 1,958 | 73.1% |
| 32 VAN ARSDALE PL | 2025-12 | $630,000 | 2,072 | 77.7% |
| 968 EASTLAWN DR | 2024-12 | $752,500 | 2,084 | 88.2% |
| 875 GREENWOOD RD | 2025-04 | $835,000 | 1,820 | 70.4% |
| 688 FOREST AVE | 2025-06 | $717,750 | 2,160 | 92.4% |
| 880 EASTLAWN DR | 2025-09 | $617,500 | 1,848 | 80.6% |
| 16 VANDELINDA AVE | 2025-09 | $700,000 | 2,024 | 92.2% |
| 622 SO FOREST DR | 2025-09 | $1,075,000 | 1,916 | 79.0% |
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