The Fair Share Report

577 Maple Ave

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

≈ $555,161

Likely range $532,143 – $609,613, 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 $555,161 home should be assessed near $498,812.

Step 3 · Assessed value

$434,300

Set at the last town-wide revaluation and mostly frozen since. That's $64,512 below what the ratio math suggests (12.9%).

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

$9,954/yr
Public schools$5,431
Bergen County$1,047
Town of Teaneck$3,476
Teaneck average$14,378

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

Town median 81.8%
This home · 78.2%

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
657 MARTENSE AVE2026-05$525,0001,29888.6%
315 PINE ST2026-03$573,5001,37685.8%
580 MAPLE AVE2026-03$340,0001,272124.0%
423 SAGAMORE AVE2024-12$554,0001,23883.4%
652 TILDEN AVE2025-04$615,0001,50379.3%
218 FORT LEE RD2025-05$645,0001,34277.0%
163 PARK AVE2025-11$560,0001,39487.5%
184 WALNUT ST2025-01$420,0001,29498.1%
539 KENWOOD PLACE2025-07$675,0001,38875.2%
560 HILLCREST ST2025-07$570,0001,33979.2%
631 MARTENSE AVE2025-11$500,0001,22495.2%
101 WALNUT ST2025-08$670,0001,51470.7%

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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 →