The Fair Share Report

54 Intervale Rd

Teaneck, NJ 07670

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

≈ $709,886

Likely range $644,479 – $766,287, 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 $709,886 home should be assessed near $637,833.

Step 3 · Assessed value

$521,300

Set at the last town-wide revaluation and mostly frozen since. That's $116,533 below what the ratio math suggests (18.3%).

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

$11,948/yr
Public schools$6,519
Bergen County$1,257
Town of Teaneck$4,172
Teaneck average$14,378

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

Town median 81.8%
This home · 73.4%

63%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
927 COMMONWEALTH DR2026-01$500,0002,01691.2%
548 STANDISH RD2025-08$710,0002,00987.2%
66 WERNER PLACE2025-01$670,0002,07284.8%
766 SALEM ST2026-04$720,0002,07881.5%
1040 WARREN PARKWAY2025-01$785,0002,08875.7%
423 FOREST AVE2025-08$975,0002,06681.8%
85 SHERMAN AVE2025-10$655,0001,97982.7%
258 GRAYSON PL2025-11$752,0002,12478.6%
1249 W LAURELTON PKY2025-08$750,0002,17690.9%
1111 TUXEDO SQ2025-01$740,0002,09158.1%
649 OGDEN AVE2026-06$785,0001,83699.3%
1087 LAMBERT RD2026-02$590,0002,040110.9%

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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 →