The Fair Share Report
32 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 $802,728 – $936,200, from 12 comparable Teaneck sales in the past 18 months, at this home's 2,438 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 $834,462 home should be assessed near $749,764.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $14,864 below what the ratio math suggests (2.0%).
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 |
|---|---|---|---|---|
| 160 VAN BUSKIRK RD | 2025-07 | $844,500 | 2,390 | 70.0% |
| 1284 WELLINGTON AVE | 2026-04 | $1,300,000 | 2,484 | 63.5% |
| 1838 IVY COURT | 2025-06 | $917,000 | 2,388 | 74.3% |
| 837 EASTLAWN DR | 2025-01 | $1,210,000 | 2,167 | 59.0% |
| 1171 E LAURELTON PKY | 2025-02 | $799,000 | 2,251 | 92.0% |
| 1615 WALDEN ST | 2025-07 | $725,000 | 2,180 | 72.4% |
| 51 BILTON ST | 2025-12 | $720,000 | 2,307 | 71.5% |
| 898 COLUMBUS DR | 2025-07 | $912,500 | 2,666 | 72.5% |
| 1774 RENSSELAER RD | 2026-02 | $700,000 | 2,126 | 73.8% |
| 608 OGDEN AVE | 2025-02 | $975,000 | 2,289 | 93.8% |
| 40 PARKER LANE | 2025-09 | $745,000 | 2,088 | 81.6% |
| 162 STUYVESANT RD | 2025-06 | $850,000 | 2,858 | 80.7% |
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