The Fair Share Report

269 E Cedar Ln

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

≈ $638,996

Likely range $563,948 – $711,609, 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 $638,996 home should be assessed near $574,138.

Step 3 · Assessed value

$561,200

Set at the last town-wide revaluation and mostly frozen since. That's $12,938 below what the ratio math suggests (2.3%).

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

$12,863/yr
Public schools$7,018
Bergen County$1,353
Town of Teaneck$4,492
Teaneck average$14,378

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

Town median 81.8%
This home · 87.8%

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
86 HOWLAND AVE2025-08$580,0001,65394.5%
793 DEARBORN ST2025-10$700,0001,781114.6%
216 STUYVESANT RD2025-08$600,0001,73475.1%
875 GREENWOOD RD2025-04$835,0001,82070.4%
850 BROAD ST2026-03$642,0001,71079.4%
636 TILDEN AVE2025-09$707,0001,72677.0%
556 SANDRA PL2025-11$640,0001,58485.2%
880 EASTLAWN DR2025-09$617,5001,84880.6%
80 VOORHEES ST2026-02$650,0001,96488.8%
616 RIVER RD2026-01$601,2001,78489.8%
589 ALBIN ST2025-09$790,0001,80783.9%
680 FOREST AVE2025-09$810,0001,96387.8%

Is this your house?

Run your own report →

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 →