The Fair Share Report
7 E Walnut 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $613,356 – $762,262, from 12 comparable Teaneck sales in the past 18 months, at this home's 1,492 sq ft.
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 $669,608 home should be assessed near $601,643.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $73,043 below what the ratio math suggests (12.1%).
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 |
|---|---|---|---|---|
| 1345 SOMERSET RD | 2025-06 | $833,000 | 1,434 | 83.5% |
| 167 WALNUT ST | 2026-01 | $515,000 | 1,497 | 92.5% |
| 96 MINELL PL | 2025-05 | $755,000 | 1,448 | 67.5% |
| 111 VAN BUREN AVE | 2025-12 | $599,000 | 1,536 | 95.2% |
| 40 MAPLE ST | 2025-06 | $750,000 | 1,468 | 71.3% |
| 352 BILLINGTON RD | 2026-06 | $735,000 | 1,552 | 84.5% |
| 771 STELTON ST | 2025-08 | $771,000 | 1,547 | 67.5% |
| 794 GEORGE ST | 2026-05 | $710,000 | 1,582 | 74.8% |
| 871 PRINCE ST | 2025-10 | $775,000 | 1,488 | 63.5% |
| 55 HAMILTON RD | 2026-06 | $665,000 | 1,360 | 68.4% |
| 155 LIBERTY RD | 2025-11 | $599,000 | 1,402 | 73.0% |
| 92 ENGLEWOOD AVE | 2025-01 | $595,000 | 1,340 | 68.1% |
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