The Fair Share Report

357 Johnson Ave

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

≈ $673,747

Likely range $623,709 – $737,903, 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 $673,747 home should be assessed near $605,362.

Step 3 · Assessed value

$578,300

Set at the last town-wide revaluation and mostly frozen since. That's $27,062 below what the ratio math suggests (4.5%).

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

$13,255/yr
Public schools$7,232
Bergen County$1,394
Town of Teaneck$4,628
Teaneck average$14,378

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

Town median 81.8%
This home · 85.8%

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
1174 ARLINGTON AVE2025-04$566,0001,80091.3%
269 HIGHWOOD ST2025-11$659,0001,68085.9%
194 ELM AVE2025-10$655,0001,75493.5%
109 BOGERT ST2025-07$610,0001,62378.8%
388 EDGEWOOD AVE2026-03$800,0001,68087.9%
394 MORNINGSIDE TERR2025-11$640,0001,61292.8%
77 OAKDENE AVE2026-06$805,0001,77976.7%
183 OAKDENE AVE2026-01$665,0001,67076.1%
308 WOODBINE ST2025-10$360,0001,650112.8%
486 WYNDHAM RD2025-06$655,0001,76487.9%
501 CUMBERLAND AVE2026-05$740,0001,72178.9%
708 LINDEN AVE2025-12$555,0001,797102.8%

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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 →