The Fair Share Report
504 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 $433,500 – $593,455, from 12 comparable Teaneck sales in the past 18 months, at this home's 1,224 sq ft.
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 $500,870 home should be assessed near $450,032.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $30,268 above what the ratio math suggests (6.7%).
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%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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 631 MARTENSE AVE | 2025-11 | $500,000 | 1,224 | 95.2% |
| 423 SAGAMORE AVE | 2024-12 | $554,000 | 1,238 | 83.4% |
| 580 MAPLE AVE | 2026-03 | $340,000 | 1,272 | 124.0% |
| 995 GRACE TERR | 2026-02 | $560,000 | 1,155 | 76.7% |
| 384 SAGAMORE AVE | 2025-04 | $385,000 | 1,233 | 111.0% |
| 657 MARTENSE AVE | 2026-05 | $525,000 | 1,298 | 88.6% |
| 1154 SUMMIT AVE | 2025-09 | $645,000 | 1,251 | 66.4% |
| 605 BEVERLY RD | 2025-01 | $405,000 | 1,123 | 121.3% |
| 188 WALNUT ST | 2025-12 | $612,000 | 1,244 | 75.5% |
| 1676 IRENE CT | 2025-06 | $425,000 | 1,200 | 87.3% |
| 1087 CONGRESS AVE | 2025-08 | $556,000 | 1,240 | 65.0% |
| 600 MARTENSE AVE | 2026-02 | $500,000 | 1,032 | 82.4% |
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