The Fair Share Report

35 Maple 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.

Step 1 · Market value

≈ $638,000

Likely range $546,593 – $675,250, 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 $638,000 home should be assessed near $573,243.

Step 3 · Assessed value

$444,600

Set at the last town-wide revaluation and mostly frozen since. That's $128,643 below what the ratio math suggests (22.4%).

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

$10,190/yr
Public schools$5,560
Bergen County$1,072
Town of Teaneck$3,558
Teaneck average$14,378

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

Town median 81.8%
This home · 69.7%

60%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
49 WALNUT ST2025-09$715,0001,38472.4%
87 GRAYSON PL2026-04$650,0001,42876.2%
365 ROCKLEDGE PL2026-04$680,0001,42875.9%
27 GRAYSON PL2025-10$640,0001,37282.7%
934 ALPINE DR2025-06$735,0001,34967.5%
780 HARTWELL ST2025-05$615,0001,49675.5%
97 PROSPECT TERR2025-02$638,0001,40871.5%
50 GOLF CT2025-12$550,0001,52683.2%
40 MAPLE ST2025-06$750,0001,46871.3%
133 SHEPARD AVE2025-09$460,0001,38266.5%
1095 LAMBERT RD2025-01$695,0001,46788.7%
1470 GAYLORD TERR2025-04$400,0001,443104.7%

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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 →