The Fair Share Report

243 Intervale Rd

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.

Step 1 · Market value

≈ $680,776

Likely range $657,184 – $802,965, from 12 comparable Teaneck sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

89.85%

The state's official measure of how far Teaneck assessments sit below market value — republished every October, applied town-wide. A $680,776 home should be assessed near $611,677.

Step 3 · Assessed value

$513,300

Set at the last town-wide revaluation and mostly frozen since. That's $98,377 below what the ratio math suggests (16.1%).

Step 4 · The tax rate — same for every Teaneck home

$2.291 per $100 assessed

$1.250 Schools · 55% $0.241 County · 11% $0.800 Town · 35%

Step 5 · The bill

$11,765/yr
Public schools$6,419
Bergen County$1,238
Town of Teaneck$4,108
Teaneck average$14,378

This home vs. every recent Teaneck sale · assessed ÷ market

Town median 81.8%
This home · 75.4%

58%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)

AddressSoldPriceSq ftRatio
738 BAYARD ST2025-04$690,0001,91578.5%
260 HAMILTON RD2026-06$760,0001,75464.9%
17 CRANFORD PL2025-06$625,0001,75284.8%
972 EASTLAWN DR2025-07$920,0001,95873.1%
880 EASTLAWN DR2025-09$617,5001,84880.6%
266 HAMILTON RD2026-03$675,0001,95179.0%
850 BROAD ST2026-03$642,0001,71079.4%
636 TILDEN AVE2025-09$707,0001,72677.0%
1111 TUXEDO SQ2025-01$740,0002,09158.1%
216 STUYVESANT RD2025-08$600,0001,73475.1%
841 PRINCE ST2026-05$555,0001,68584.1%
1106 BROMLEY AVE2026-02$680,0001,93490.3%

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Estimates from public records — NJ MOD-IV assessments, SR1A usable sales, and Treasury/DCA rate tables. Your house has a history. Write the next chapter on Plotline →