The Fair Share Report

263 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.

Step 1 · Market value

≈ $756,957

Likely range $711,032 – $771,999, from 12 comparable Teaneck sales in the past 18 months, at this home's 2,138 sq ft.

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 $756,957 home should be assessed near $680,126.

Step 3 · Assessed value

$612,000

Set at the last town-wide revaluation and mostly frozen since. That's $68,126 below what the ratio math suggests (10.0%).

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

$14,027/yr
Public schools$7,653
Bergen County$1,476
Town of Teaneck$4,898
Teaneck average$14,378

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

Town median 81.8%
This home · 80.9%

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)

AddressSoldPriceSq ftRatio
1111 TUXEDO SQ2025-01$740,0002,09158.1%
1774 RENSSELAER RD2026-02$700,0002,12673.8%
1615 WALDEN ST2025-07$725,0002,18072.4%
1249 W LAURELTON PKY2025-08$750,0002,17690.9%
40 PARKER LANE2025-09$745,0002,08881.6%
1171 E LAURELTON PKY2025-02$799,0002,25192.0%
66 WERNER PLACE2025-01$670,0002,07284.8%
258 GRAYSON PL2025-11$752,0002,12478.6%
1382 HUDSON RD2025-07$675,0002,117107.6%
1040 WARREN PARKWAY2025-01$785,0002,08875.7%
837 EASTLAWN DR2025-01$1,210,0002,16759.0%
766 SALEM ST2026-04$720,0002,07881.5%

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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 →