The Fair Share Report
315 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 $515,632 – $615,754, from 12 comparable Teaneck sales in the past 18 months, at this home's 1,376 sq ft.
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 $563,034 home should be assessed near $505,886.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $13,786 below what the ratio math suggests (2.7%).
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 |
|---|---|---|---|---|
| 516 ORITANI PLACE | 2025-05 | $525,000 | 1,401 | 82.5% |
| 218 FORT LEE RD | 2025-05 | $645,000 | 1,342 | 77.0% |
| 539 KENWOOD PLACE | 2025-07 | $675,000 | 1,388 | 75.2% |
| 163 PARK AVE | 2025-11 | $560,000 | 1,394 | 87.5% |
| 560 HILLCREST ST | 2025-07 | $570,000 | 1,339 | 79.2% |
| 657 MARTENSE AVE | 2026-05 | $525,000 | 1,298 | 88.6% |
| 184 WALNUT ST | 2025-01 | $420,000 | 1,294 | 98.1% |
| 209 PARK AVE | 2026-01 | $520,000 | 1,428 | 88.3% |
| 652 TILDEN AVE | 2025-04 | $615,000 | 1,503 | 79.3% |
| 49 FRANKLIN RD | 2025-09 | $610,000 | 1,323 | 74.0% |
| 619 PALISADE AVE | 2025-11 | $495,000 | 1,554 | 107.5% |
| 671 CHESTNUT AVE | 2026-01 | $549,000 | 1,392 | 81.2% |
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