The Fair Share Report
41 Intervale 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.
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Step 1 · Market value
Likely range $607,717 – $719,006, 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 $667,523 home should be assessed near $599,769.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $171,569 below what the ratio math suggests (28.6%).
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
54%109%
Keep quiet and enjoy it
This home's assessment ratio sits below the Teaneck pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 898 HELEN ST | 2025-07 | $700,000 | 1,636 | 67.4% |
| 341 VAN BUREN AVE | 2026-01 | $670,000 | 1,644 | 80.9% |
| 40 DOHRMANN AVE | 2026-03 | $657,500 | 1,640 | 81.7% |
| 732 CATALPA AVE | 2025-04 | $802,000 | 1,649 | 67.4% |
| 719 CATALPA AVE | 2025-12 | $645,000 | 1,648 | 75.3% |
| 40 STUYVESANT RD | 2026-04 | $615,000 | 1,536 | 72.1% |
| 732 RUTLAND AVE | 2025-12 | $620,000 | 1,606 | 110.9% |
| 1019 HADDON PL | 2025-10 | $470,000 | 1,509 | 98.9% |
| 140 BLAUVELT ST | 2025-09 | $598,750 | 1,620 | 80.5% |
| 439 SAGAMORE AVE | 2025-02 | $680,000 | 1,503 | 77.9% |
| 101 WALNUT ST | 2025-08 | $670,000 | 1,514 | 70.7% |
| 1105 BELLE AVE | 2026-03 | $675,000 | 1,659 | 88.1% |
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