The Fair Share Report
243 E Forest Ave
Teaneck, NJ 07663
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 $1,052,784 – $1,449,242, from 12 comparable Teaneck sales in the past 18 months, at this home's 3,312 sq ft.
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 $1,149,560 home should be assessed near $1,032,880.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $50,780 below what the ratio math suggests (4.9%).
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 |
|---|---|---|---|---|
| 747 MILDRED ST | 2025-10 | $1,259,000 | 2,829 | 73.6% |
| 205 VANDELINDA AVE | 2025-09 | $1,250,000 | 3,640 | 99.4% |
| 739 PALMER AVE | 2025-05 | $839,000 | 3,322 | 122.8% |
| 145 CHERRY LANE | 2025-08 | $1,500,000 | 3,428 | 72.1% |
| 681 QUEEN ANNE RD | 2025-05 | $1,280,000 | 3,802 | 88.6% |
| 518 STANDISH RD | 2025-08 | $982,695 | 3,286 | 100.8% |
| 511 EMERSON AVE | 2026-05 | $860,000 | 3,000 | 113.8% |
| 489 NORTHUMBERLAND RD | 2025-05 | $1,365,000 | 2,967 | 83.0% |
| 129 COPLEY AVE | 2025-10 | $825,000 | — | 41.2% |
| 681 PALISADE AVE | 2026-04 | $1,250,000 | 3,335 | 79.9% |
| 1 GRANGE CT | 2026-04 | $1,060,000 | 2,755 | 86.0% |
| 36 LINDBERGH BLVD | 2025-07 | $1,110,000 | 3,492 | 78.5% |
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