The Fair Share Report
39 E Walnut St
Teaneck, NJ 07508
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 $884,854 – $1,155,374, 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 $1,008,583 home should be assessed near $906,212.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $55,088 above what the ratio math suggests (6.1%).
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%114%
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 |
|---|---|---|---|---|
| 236 OAKDENE AVE | 2025-03 | $950,000 | 3,373 | 112.2% |
| 74 INTERVALE RD | 2025-09 | $650,000 | 3,204 | 102.8% |
| 518 STANDISH RD | 2025-08 | $982,695 | 3,286 | 100.8% |
| 898 COLUMBUS DR | 2025-07 | $912,500 | 2,666 | 72.5% |
| 539 MAITLAND AVE | 2025-08 | $1,700,000 | 3,582 | 75.5% |
| 681 PALISADE AVE | 2026-04 | $1,250,000 | 3,335 | 79.9% |
| 1354 DICKERSON RD | 2025-07 | $1,200,000 | 2,973 | 66.3% |
| 619 GRANT TERR | 2025-10 | $800,000 | 2,251 | 89.3% |
| 162 STUYVESANT RD | 2025-06 | $850,000 | 2,858 | 80.7% |
| 739 PALMER AVE | 2025-05 | $839,000 | 3,322 | 122.8% |
| 12 CARLYLE COURT | 2025-10 | $670,000 | 2,378 | 81.0% |
| 1219 SUSSEX RD | 2025-07 | $1,295,000 | 3,649 | 78.2% |
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