The Fair Share Report
39 E Forest 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $771,988 – $1,072,696, 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 $914,083 home should be assessed near $821,304.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $148,004 below what the ratio math suggests (18.0%).
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
57%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 |
|---|---|---|---|---|
| 31 ROBINSON ST | 2025-05 | $790,000 | 2,162 | 77.7% |
| 137 JOHNSON AVE | 2025-07 | $800,000 | 2,612 | 84.9% |
| 940 GARRISON AVE | 2026-03 | $876,000 | 2,411 | 69.7% |
| 135 JOHNSON AVE | 2025-08 | $1,040,000 | 2,393 | 79.4% |
| 1090 SUSSEX RD | 2025-08 | $930,000 | 2,280 | 70.1% |
| 685 SUNSET RD | 2025-10 | $705,000 | 2,490 | 87.1% |
| 558 GRANT TERR | 2025-02 | $960,000 | 2,726 | 87.8% |
| 535 CENTER PLACE | 2025-08 | $799,000 | 1,896 | 77.4% |
| 1312 HUDSON RD | 2025-04 | $750,000 | 2,780 | 112.0% |
| 1305 DICKERSON RD | 2025-09 | $1,179,000 | 2,715 | 70.1% |
| 580 CHESTNUT AVE | 2025-02 | $775,000 | 2,123 | 80.3% |
| 1654 TEANECK RD | 2025-08 | $600,000 | 2,072 | 80.5% |
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