The Fair Share Report

43 E 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

≈ $640,977

Likely range $547,628 – $726,218, from 12 comparable Teaneck sales in the past 18 months (home size estimated from assessor data — range widened).

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 $640,977 home should be assessed near $575,918.

Step 3 · Assessed value

$529,000

Set at the last town-wide revaluation and mostly frozen since. That's $46,918 below what the ratio math suggests (8.1%).

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

$12,125/yr
Public schools$6,615
Bergen County$1,275
Town of Teaneck$4,234
Teaneck average$14,378

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

Town median 81.8%
This home · 82.5%

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
259 ELM AVE2025-04$680,0001,58275.8%
1361 TAFT RD2025-01$549,9001,532114.3%
1085 JULIA ST2025-06$674,0001,46978.1%
275 WINTHROP RD2025-08$880,0001,54280.4%
665 NORTHUMBERLAND RD2026-01$610,0001,597105.3%
336 VANDELINDA AVE2025-09$725,0001,67847.4%
257 ELM AVE2026-03$770,0001,65270.1%
59 W FOREST AVE2025-09$645,5001,57068.8%
1109 SUSSEX RD2025-06$705,0001,59790.6%
111 VAN BUREN AVE2025-12$599,0001,53695.2%
451 SAGAMORE AVE2025-05$535,0001,53491.3%
871 PRINCE ST2025-10$775,0001,48863.5%

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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 →