The Fair Share Report
247 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $504,139 – $692,352, 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 $607,677 home should be assessed near $545,998.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $138,998 below what the ratio math suggests (25.5%).
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
53%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 |
|---|---|---|---|---|
| 167 WALNUT ST | 2026-01 | $515,000 | 1,497 | 92.5% |
| 116 WASHINGTON PL | 2025-10 | $530,000 | 1,440 | 63.2% |
| 757 BAYARD ST | 2025-08 | $665,000 | 1,460 | 73.1% |
| 352 BILLINGTON RD | 2026-06 | $735,000 | 1,552 | 84.5% |
| 794 GEORGE ST | 2026-05 | $710,000 | 1,582 | 74.8% |
| 34 BENNETT RD | 2026-01 | $600,000 | 1,605 | 75.7% |
| 7 E WALNUT ST | 2025-01 | $640,000 | 1,492 | 82.6% |
| 97 PROSPECT TERR | 2025-02 | $638,000 | 1,408 | 71.5% |
| 771 STELTON ST | 2025-08 | $771,000 | 1,547 | 67.5% |
| 242 HAMILTON RD | 2025-07 | $550,000 | 1,345 | 65.4% |
| 133 SHEPARD AVE | 2025-09 | $460,000 | 1,382 | 66.5% |
| 285 WASHINGTON ST | 2026-01 | $395,000 | 1,650 | 124.3% |
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