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.
This home's full record →Check another house →
Step 1 · Market value
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
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
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
$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 |
|---|---|---|---|---|
| 21 OAKDENE AVE | 2025-06 | $925,000 | 2,394 | 70.8% |
| 286 WARWICK AVE | 2025-12 | $860,000 | 2,208 | 99.0% |
| 349 EDGEWOOD AVE | 2025-07 | $1,180,000 | 2,524 | 75.9% |
| 756 QUEEN ANNE RD | 2026-01 | $800,000 | 2,311 | 97.5% |
| 161 CHERRY LANE | 2025-05 | $816,000 | 2,507 | 85.0% |
| 478 W ENGLEWOOD AVE | 2025-08 | $850,000 | 2,487 | 84.3% |
| 174 MANHATTAN AVE | 2026-02 | $935,000 | 2,065 | 76.7% |
| 35 AMSTERDAM AVE | 2025-06 | $550,000 | 2,044 | 105.3% |
| 654 SUFFERN RD | 2026-03 | $700,000 | 2,462 | 91.6% |
| 26 AMSTERDAM AVE | 2025-08 | $860,000 | 2,544 | 74.9% |
| 279 GROVE ST | 2025-10 | $800,000 | 2,258 | 83.5% |
| 558 GRANT TERR | 2025-02 | $960,000 | 2,726 | 87.8% |
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