The Fair Share Report
69 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 $493,835 – $694,787, 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 $564,860 home should be assessed near $507,527.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $115,427 below what the ratio math suggests (22.7%).
Step 4 · The tax rate — same for every Teaneck home
$1.250 Schools · 55% $0.241 County · 11% $0.800 Town · 35%
This home's own bill implies $2.228 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Teaneck sale · assessed ÷ market
51%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 |
|---|---|---|---|---|
| 1135 TUXEDO SQ | 2025-05 | $660,000 | 1,728 | 74.0% |
| 757 BAYARD ST | 2025-08 | $665,000 | 1,460 | 73.1% |
| 116 WASHINGTON PL | 2025-10 | $530,000 | 1,440 | 63.2% |
| 34 BENNETT RD | 2026-01 | $600,000 | 1,605 | 75.7% |
| 167 WALNUT ST | 2026-01 | $515,000 | 1,497 | 92.5% |
| 97 PROSPECT TERR | 2025-02 | $638,000 | 1,408 | 71.5% |
| 556 SANDRA PL | 2025-11 | $640,000 | 1,584 | 85.2% |
| 752 REDMOND ST | 2025-01 | $745,000 | 1,668 | 79.7% |
| 285 WASHINGTON ST | 2026-01 | $395,000 | 1,650 | 124.3% |
| 285 WASHINGTON ST | 2026-01 | $465,000 | 1,650 | 105.6% |
| 352 BILLINGTON RD | 2026-06 | $735,000 | 1,552 | 84.5% |
| 133 SHEPARD AVE | 2025-09 | $460,000 | 1,382 | 66.5% |
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