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.
This home's full record →Check another house →
Step 1 · Market value
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
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
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
$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 |
|---|---|---|---|---|
| 299 RUTLAND AVE | 2025-05 | $765,000 | 1,534 | 87.4% |
| 483 CUMBERLAND AVE | 2025-07 | $688,500 | 1,544 | 81.4% |
| 554 HILLCREST ST | 2025-05 | $670,000 | 1,571 | 80.1% |
| 215 LARCH AVE | 2025-02 | $524,000 | 1,476 | 92.0% |
| 152 WASHINGTON PL | 2026-01 | $460,000 | 1,508 | 85.9% |
| 451 SAGAMORE AVE | 2025-05 | $535,000 | 1,534 | 91.3% |
| 275 WINTHROP RD | 2025-08 | $880,000 | 1,542 | 80.4% |
| 59 W FOREST AVE | 2025-09 | $645,500 | 1,570 | 68.8% |
| 1272 E LAURELTON PKY | 2025-05 | $645,000 | 1,444 | 88.4% |
| 619 PALISADE AVE | 2025-11 | $495,000 | 1,554 | 107.5% |
| 620 CHESTNUT AVE | 2025-11 | $595,000 | 1,458 | 85.5% |
| 692 CHESTNUT AVE | 2025-03 | $560,000 | 1,594 | 91.0% |
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