The Fair Share Report

40 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

≈ $657,495

Likely range $572,482 – $731,628, from 12 comparable Teaneck sales in the past 18 months, at this home's 1,468 sq ft.

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 $657,495 home should be assessed near $590,759.

Step 3 · Assessed value

$535,000

Set at the last town-wide revaluation and mostly frozen since. That's $55,759 below what the ratio math suggests (9.4%).

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

$12,262/yr
Public schools$6,690
Bergen County$1,290
Town of Teaneck$4,282
Teaneck average$14,378

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

Town median 81.8%
This home · 81.4%

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
111 VAN BUREN AVE2025-12$599,0001,53695.2%
96 MINELL PL2025-05$755,0001,44867.5%
771 STELTON ST2025-08$771,0001,54767.5%
780 HARTWELL ST2025-05$615,0001,49675.5%
7 E WALNUT ST2025-01$640,0001,49282.6%
50 GOLF CT2025-12$550,0001,52683.2%
1653 ARDSLEY CT2025-10$525,0001,32490.3%
871 PRINCE ST2025-10$775,0001,48863.5%
616 KENT AVE2025-01$593,0001,32479.6%
110 VAN BUREN AVE2025-02$617,5001,59079.8%
1095 LAMBERT RD2025-01$695,0001,46788.7%
87 GRAYSON PL2026-04$650,0001,42876.2%

Is this your house?

Run your own report →

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 →