The Fair Share Report

54 E Maple St

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

≈ $402,900

Likely range $373,000 – $449,092, from 12 comparable Teaneck sales in the past 18 months, at this home's 1,122 sq ft.

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 $402,900 home should be assessed near $362,006.

Step 3 · Assessed value

$327,200

Set at the last town-wide revaluation and mostly frozen since. That's $34,806 below what the ratio math suggests (9.6%).

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

$7,499/yr
Public schools$4,092
Bergen County$789
Town of Teaneck$2,619
Teaneck average$14,378

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

Town median 81.8%
This home · 81.2%

64%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
104 E MAPLE ST2025-12$373,0001,12287.7%
38 E MAPLE ST2025-10$387,0001,12283.9%
74 E MAPLE ST2025-08$370,0001,12288.4%
430 BEVERLY RD2025-08$395,0001,10076.9%
550 BEVERLY RD2025-09$461,1001,15276.8%
524 BEVERLY RD2026-04$375,0001,15294.9%
146 PARKVIEW DR2026-01$395,0001,03687.8%
593 BEVERLY RD2026-03$475,0001,15274.3%
139A FORT LEE RD2025-07$361,00091373.4%
140 PARKVIEW DR2026-04$368,00092189.9%
152 PARKVIEW DR2025-05$400,00092188.2%
479 TERHUNE ST2025-06$480,0001,17375.2%

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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 →