The Fair Share Report

655 John 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.

Step 1 · Market value

≈ $566,768

Likely range $451,282 – $723,389, 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 $566,768 home should be assessed near $509,241.

Step 3 · Assessed value

$526,100

Set at the last town-wide revaluation and mostly frozen since. That's $16,859 above what the ratio math suggests (3.3%).

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

$12,058/yr
Public schools$6,579
Bergen County$1,268
Town of Teaneck$4,211
Teaneck average$14,378

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

Town median 81.8%
This home · 92.8%

64%122%

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
1135 TUXEDO SQ2025-05$660,0001,72874.0%
34 BENNETT RD2026-01$600,0001,60575.7%
752 REDMOND ST2025-01$745,0001,66879.7%
285 WASHINGTON ST2026-01$395,0001,650124.3%
285 WASHINGTON ST2026-01$465,0001,650105.6%
556 SANDRA PL2025-11$640,0001,58485.2%
86 FAIRVIEW AVE2025-07$572,5001,96985.7%
841 PRINCE ST2026-05$555,0001,68584.1%
219 SHEPARD AVE2025-04$702,0001,60070.7%
4 WHITMAN COURT2025-11$535,0001,93480.5%
794 GEORGE ST2026-05$710,0001,58274.8%
6 LOWELL COURT2025-04$451,0001,42478.7%

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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 →