The Fair Share Report
308 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 $587,509 – $734,138, 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 $655,871 home should be assessed near $589,300.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $82,400 below what the ratio math suggests (14.0%).
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 |
|---|---|---|---|---|
| 352 BILLINGTON RD | 2026-06 | $735,000 | 1,552 | 84.5% |
| 7 E WALNUT ST | 2025-01 | $640,000 | 1,492 | 82.6% |
| 794 GEORGE ST | 2026-05 | $710,000 | 1,582 | 74.8% |
| 167 WALNUT ST | 2026-01 | $515,000 | 1,497 | 92.5% |
| 556 SANDRA PL | 2025-11 | $640,000 | 1,584 | 85.2% |
| 111 VAN BUREN AVE | 2025-12 | $599,000 | 1,536 | 95.2% |
| 1345 SOMERSET RD | 2025-06 | $833,000 | 1,434 | 83.5% |
| 155 LIBERTY RD | 2025-11 | $599,000 | 1,402 | 73.0% |
| 771 STELTON ST | 2025-08 | $771,000 | 1,547 | 67.5% |
| 96 MINELL PL | 2025-05 | $755,000 | 1,448 | 67.5% |
| 259 ELM AVE | 2025-04 | $680,000 | 1,582 | 75.8% |
| 169 HENRY ST | 2025-09 | $630,000 | 1,468 | 84.8% |
Is this your house?
Run your own report →