The Fair Share Report

59 E Forest 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

≈ $820,078

Likely range $763,880 – $929,344, 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 $820,078 home should be assessed near $736,840.

Step 3 · Assessed value

$664,300

Set at the last town-wide revaluation and mostly frozen since. That's $72,540 below what the ratio math suggests (9.8%).

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

$15,226/yr
Public schools$8,307
Bergen County$1,602
Town of Teaneck$5,317
Teaneck average$14,378

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

Town median 81.8%
This home · 81.0%

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
21 OAKDENE AVE2025-06$925,0002,39470.8%
286 WARWICK AVE2025-12$860,0002,20899.0%
349 EDGEWOOD AVE2025-07$1,180,0002,52475.9%
756 QUEEN ANNE RD2026-01$800,0002,31197.5%
161 CHERRY LANE2025-05$816,0002,50785.0%
478 W ENGLEWOOD AVE2025-08$850,0002,48784.3%
174 MANHATTAN AVE2026-02$935,0002,06576.7%
35 AMSTERDAM AVE2025-06$550,0002,044105.3%
654 SUFFERN RD2026-03$700,0002,46291.6%
26 AMSTERDAM AVE2025-08$860,0002,54474.9%
279 GROVE ST2025-10$800,0002,25883.5%
558 GRANT TERR2025-02$960,0002,72687.8%

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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 →