The Fair Share Report
246 Pine St
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 $628,730 – $718,465, from 12 comparable Teaneck sales in the past 18 months, at this home's 1,994 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 $689,877 home should be assessed near $619,854.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $51,754 below what the ratio math suggests (8.3%).
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 |
|---|---|---|---|---|
| 86 FAIRVIEW AVE | 2025-07 | $572,500 | 1,969 | 85.7% |
| 738 BAYARD ST | 2025-04 | $690,000 | 1,915 | 78.5% |
| 1135 TUXEDO SQ | 2025-05 | $660,000 | 1,728 | 74.0% |
| 4 WHITMAN COURT | 2025-11 | $535,000 | 1,934 | 80.5% |
| 1111 TUXEDO SQ | 2025-01 | $740,000 | 2,091 | 58.1% |
| 40 PARKER LANE | 2025-09 | $745,000 | 2,088 | 81.6% |
| 266 HAMILTON RD | 2026-03 | $675,000 | 1,951 | 79.0% |
| 1774 RENSSELAER RD | 2026-02 | $700,000 | 2,126 | 73.8% |
| 2 LOWELL COURT | 2025-03 | $659,000 | 2,090 | 73.0% |
| 548 STANDISH RD | 2025-08 | $710,000 | 2,009 | 87.2% |
| 972 EASTLAWN DR | 2025-07 | $920,000 | 1,958 | 73.1% |
| 837 EASTLAWN DR | 2025-01 | $1,210,000 | 2,167 | 59.0% |
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