The Fair Share Report

528 River Rd

Teaneck, NJ 07652

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

≈ $588,284

Likely range $510,239 – $649,357, 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 $588,284 home should be assessed near $528,573.

Step 3 · Assessed value

$386,200

Set at the last town-wide revaluation and mostly frozen since. That's $142,373 below what the ratio math suggests (26.9%).

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

$8,852/yr
Public schools$4,830
Bergen County$931
Town of Teaneck$3,091
Teaneck average$14,378

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

Town median 81.8%
This home · 65.6%

54%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
149 FAIRVIEW AVE2025-08$520,0001,26066.6%
1141 TUXEDO SQ2026-01$500,0001,30572.2%
242 HAMILTON RD2025-07$550,0001,34565.4%
133 SHEPARD AVE2025-09$460,0001,38266.5%
55 HAMILTON RD2026-06$665,0001,36068.4%
92 ENGLEWOOD AVE2025-01$595,0001,34068.1%
138 LINDBERGH BLVD2025-05$600,0001,22480.6%
97 PROSPECT TERR2025-02$638,0001,40871.5%
364 BILLINGTON RD2026-03$610,0001,33191.0%
253 INTERVALE RD2026-05$490,0001,25876.8%
934 ALPINE DR2025-06$735,0001,34967.5%
1087 CONGRESS AVE2025-08$556,0001,24065.0%

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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 →