The Fair Share Report

44 Bennett 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.

Step 1 · Market value

≈ $1,222,871

Likely range $970,622 – $1,634,134, 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 $1,222,871 home should be assessed near $1,098,750.

Step 3 · Assessed value

$1,076,300

Set at the last town-wide revaluation and mostly frozen since. That's $22,450 below what the ratio math suggests (2.0%).

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

$24,669/yr
Public schools$13,460
Bergen County$2,595
Town of Teaneck$8,614
Teaneck average$14,378

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

Town median 81.8%
This home · 88.0%

60%116%

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
236 OAKDENE AVE2025-03$950,0003,373112.2%
321 RUTLAND AVE2025-08$2,125,0003,99969.2%
539 MAITLAND AVE2025-08$1,700,0003,58275.5%
145 CHERRY LANE2025-08$1,500,0003,42872.1%
1285 TRAFALGAR ST2025-07$1,700,0003,82880.0%
36 LINDBERGH BLVD2025-07$1,110,0003,49278.5%
1219 SUSSEX RD2025-07$1,295,0003,64978.2%
739 PALMER AVE2025-05$839,0003,322122.8%
518 STANDISH RD2025-08$982,6953,286100.8%
74 INTERVALE RD2025-09$650,0003,204102.8%
343 WINTHROP RD2025-01$1,800,0003,88567.7%
656 NORTH FOREST DR2025-08$1,243,0003,857112.5%

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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 →