The Fair Share Report
494 Maple Ave
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 $394,681 – $600,075, 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 $540,850 home should be assessed near $485,954.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $53,954 below what the ratio math suggests (11.1%).
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%115%
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 |
|---|---|---|---|---|
| 580 MAPLE AVE | 2026-03 | $340,000 | 1,272 | 124.0% |
| 657 MARTENSE AVE | 2026-05 | $525,000 | 1,298 | 88.6% |
| 423 SAGAMORE AVE | 2024-12 | $554,000 | 1,238 | 83.4% |
| 631 MARTENSE AVE | 2025-11 | $500,000 | 1,224 | 95.2% |
| 439 SAGAMORE AVE | 2025-02 | $680,000 | 1,503 | 77.9% |
| 315 PINE ST | 2026-03 | $573,500 | 1,376 | 85.8% |
| 1019 HADDON PL | 2025-10 | $470,000 | 1,509 | 98.9% |
| 101 WALNUT ST | 2025-08 | $670,000 | 1,514 | 70.7% |
| 995 GRACE TERR | 2026-02 | $560,000 | 1,155 | 76.7% |
| 384 SAGAMORE AVE | 2025-04 | $385,000 | 1,233 | 111.0% |
| 40 STUYVESANT RD | 2026-04 | $615,000 | 1,536 | 72.1% |
| 27 GRAYSON PL | 2025-10 | $640,000 | 1,372 | 82.7% |
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