The Fair Share Report
552 Spring 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $715,917 – $847,112, 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 $753,062 home should be assessed near $676,626.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $12,926 below what the ratio math suggests (1.9%).
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%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 |
|---|---|---|---|---|
| 136 JOHNSON AVE | 2025-09 | $855,000 | 2,048 | 69.2% |
| 528 WYNDHAM RD | 2026-06 | $720,000 | 2,125 | 80.7% |
| 982 QUEEN ANNE RD | 2025-11 | $636,000 | 2,110 | 89.0% |
| 133 DEGRAW AVE | 2025-09 | $535,000 | 1,995 | 105.6% |
| 580 CHESTNUT AVE | 2025-02 | $775,000 | 2,123 | 80.3% |
| 116 SHERMAN AVE | 2025-12 | $750,000 | 2,182 | 84.0% |
| 140 JOHNSON AVE | 2025-06 | $675,000 | 1,938 | 86.6% |
| 258 GRAYSON PL | 2025-11 | $752,000 | 2,124 | 78.6% |
| 91 GRIGGS AVE | 2025-05 | $870,000 | 2,216 | 72.7% |
| 1090 SUSSEX RD | 2025-08 | $930,000 | 2,280 | 70.1% |
| 1040 WARREN PARKWAY | 2025-01 | $785,000 | 2,088 | 75.7% |
| 766 SALEM ST | 2026-04 | $720,000 | 2,078 | 81.5% |
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