The Fair Share Report
628 Iris Ct
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 $457,403 – $596,107, 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 $538,513 home should be assessed near $483,854.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $89,754 below what the ratio math suggests (18.5%).
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
61%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 |
|---|---|---|---|---|
| 253 INTERVALE RD | 2026-05 | $490,000 | 1,258 | 76.8% |
| 704 GRANT TERR | 2025-03 | $620,000 | 1,170 | 77.6% |
| 138 LINDBERGH BLVD | 2025-05 | $600,000 | 1,224 | 80.6% |
| 364 BILLINGTON RD | 2026-03 | $610,000 | 1,331 | 91.0% |
| 1141 TUXEDO SQ | 2026-01 | $500,000 | 1,305 | 72.2% |
| 149 FAIRVIEW AVE | 2025-08 | $520,000 | 1,260 | 66.6% |
| 92 ENGLEWOOD AVE | 2025-01 | $595,000 | 1,340 | 68.1% |
| 150 CIRCLE DRWAY | 2025-01 | $515,000 | 1,128 | 72.5% |
| 242 HAMILTON RD | 2025-07 | $550,000 | 1,345 | 65.4% |
| 1676 IRENE CT | 2025-06 | $425,000 | 1,200 | 87.3% |
| 55 HAMILTON RD | 2026-06 | $665,000 | 1,360 | 68.4% |
| 426 CUMBERLAND AVE | 2025-08 | $700,000 | 1,143 | 72.3% |
Is this your house?
Run your own report →