The Fair Share Report

7 Sinclair 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.

Step 1 · Market value

≈ $512,220

Likely range $477,105 – $536,000, from 12 comparable Teaneck sales in the past 18 months, at this home's 1,483 sq ft.

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 $512,220 home should be assessed near $460,230.

Step 3 · Assessed value

$455,300

Set at the last town-wide revaluation and mostly frozen since. That's $4,930 below what the ratio math suggests (1.1%).

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

$10,435/yr
Public schools$5,694
Bergen County$1,098
Town of Teaneck$3,644
Teaneck average$14,378

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

Town median 81.8%
This home · 88.9%

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)

AddressSoldPriceSq ftRatio
11 CARLYLE COURT2025-11$536,0001,48383.5%
9 CARLYLE COURT2025-08$515,0001,48386.5%
7 LONDON COURT2025-05$535,0001,48384.2%
1 PEABODY COURT2026-06$480,0001,49294.8%
1 WADSWORTH COURT2025-04$560,0001,49278.2%
3 LOWELL COURT2025-06$499,0001,46571.9%
6 LOWELL COURT2025-04$451,0001,42478.7%
6 ELIOT COURT2025-03$430,0001,42483.3%
343 FRENCH COURT2026-05$630,0001,82472.7%
358 FRENCH COURT2026-02$625,0001,82470.9%
370 FRENCH COURT2025-11$605,0001,82472.6%
7 ELIOT COURT2025-12$510,0001,910100.0%

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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 →