The Fair Share Report
4 Demarest Rd
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 $491,748 – $720,151, 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 $621,846 home should be assessed near $558,729.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $36,329 below what the ratio math suggests (6.5%).
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%112%
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 |
|---|---|---|---|---|
| 169 HENRY ST | 2025-09 | $630,000 | 1,468 | 84.8% |
| 80 HOWLAND AVE | 2025-01 | $615,000 | 1,425 | 72.2% |
| 159 HENRY ST | 2026-02 | $668,000 | 1,368 | 82.4% |
| 47 BEVERIDGE ST | 2025-12 | $480,000 | 1,414 | 97.3% |
| 295 BRIARCLIFFE RD | 2025-11 | $950,000 | 1,502 | 74.0% |
| 155 LIBERTY RD | 2025-11 | $599,000 | 1,402 | 73.0% |
| 86 HOWLAND AVE | 2025-08 | $580,000 | 1,653 | 94.5% |
| 219 SHEPARD AVE | 2025-04 | $702,000 | 1,600 | 70.7% |
| 1345 SOMERSET RD | 2025-06 | $833,000 | 1,434 | 83.5% |
| 167 WALNUT ST | 2026-01 | $515,000 | 1,497 | 92.5% |
| 116 WASHINGTON PL | 2025-10 | $530,000 | 1,440 | 63.2% |
| 556 SANDRA PL | 2025-11 | $640,000 | 1,584 | 85.2% |
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