The Fair Share Report

320 Beech St

Teaneck, NJ 07656

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

≈ $623,975

Likely range $524,403 – $691,639, 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 $623,975 home should be assessed near $560,642.

Step 3 · Assessed value

$507,900

Set at the last town-wide revaluation and mostly frozen since. That's $52,742 below what the ratio math suggests (9.4%).

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

$11,641/yr
Public schools$6,352
Bergen County$1,225
Town of Teaneck$4,065
Teaneck average$14,378

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

Town median 81.8%
This home · 81.4%

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
299 RUTLAND AVE2025-05$765,0001,53487.4%
483 CUMBERLAND AVE2025-07$688,5001,54481.4%
554 HILLCREST ST2025-05$670,0001,57180.1%
215 LARCH AVE2025-02$524,0001,47692.0%
152 WASHINGTON PL2026-01$460,0001,50885.9%
451 SAGAMORE AVE2025-05$535,0001,53491.3%
275 WINTHROP RD2025-08$880,0001,54280.4%
59 W FOREST AVE2025-09$645,5001,57068.8%
1272 E LAURELTON PKY2025-05$645,0001,44488.4%
619 PALISADE AVE2025-11$495,0001,554107.5%
620 CHESTNUT AVE2025-11$595,0001,45885.5%
692 CHESTNUT AVE2025-03$560,0001,59491.0%

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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 →