The Fair Share Report
29 Demarest 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 $568,073 – $678,547, 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 $612,746 home should be assessed near $550,552.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $7,352 below what the ratio math suggests (1.3%).
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 |
|---|---|---|---|---|
| 556 SANDRA PL | 2025-11 | $640,000 | 1,584 | 85.2% |
| 352 BILLINGTON RD | 2026-06 | $735,000 | 1,552 | 84.5% |
| 167 WALNUT ST | 2026-01 | $515,000 | 1,497 | 92.5% |
| 794 GEORGE ST | 2026-05 | $710,000 | 1,582 | 74.8% |
| 7 E WALNUT ST | 2025-01 | $640,000 | 1,492 | 82.6% |
| 216 STUYVESANT RD | 2025-08 | $600,000 | 1,734 | 75.1% |
| 116 WASHINGTON PL | 2025-10 | $530,000 | 1,440 | 63.2% |
| 34 BENNETT RD | 2026-01 | $600,000 | 1,605 | 75.7% |
| 111 VAN BUREN AVE | 2025-12 | $599,000 | 1,536 | 95.2% |
| 771 STELTON ST | 2025-08 | $771,000 | 1,547 | 67.5% |
| 793 DEARBORN ST | 2025-10 | $700,000 | 1,781 | 114.6% |
| 850 BROAD ST | 2026-03 | $642,000 | 1,710 | 79.4% |
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