The Fair Share Report
533 River 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $554,038 – $678,414, 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 $589,537 home should be assessed near $529,699.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $97,699 below what the ratio math suggests (18.4%).
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
58%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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 155 LIBERTY RD | 2025-11 | $599,000 | 1,402 | 73.0% |
| 159 HENRY ST | 2026-02 | $668,000 | 1,368 | 82.4% |
| 80 HOWLAND AVE | 2025-01 | $615,000 | 1,425 | 72.2% |
| 1345 SOMERSET RD | 2025-06 | $833,000 | 1,434 | 83.5% |
| 364 BILLINGTON RD | 2026-03 | $610,000 | 1,331 | 91.0% |
| 92 ENGLEWOOD AVE | 2025-01 | $595,000 | 1,340 | 68.1% |
| 55 HAMILTON RD | 2026-06 | $665,000 | 1,360 | 68.4% |
| 169 HENRY ST | 2025-09 | $630,000 | 1,468 | 84.8% |
| 116 WASHINGTON PL | 2025-10 | $530,000 | 1,440 | 63.2% |
| 242 HAMILTON RD | 2025-07 | $550,000 | 1,345 | 65.4% |
| 167 WALNUT ST | 2026-01 | $515,000 | 1,497 | 92.5% |
| 1141 TUXEDO SQ | 2026-01 | $500,000 | 1,305 | 72.2% |
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