The Fair Share Report
74 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 $514,431 – $683,382, 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 $567,658 home should be assessed near $510,041.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $113,941 below what the ratio math suggests (22.3%).
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
53%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 |
|---|---|---|---|---|
| 1293 BEAUMONT AVE | 2025-08 | $665,000 | 1,453 | 87.5% |
| 179 W FOREST AVE | 2025-05 | $350,000 | 1,458 | 141.5% |
| 72 CHURCH ST | 2025-07 | $420,000 | 1,426 | 119.0% |
| 299 RUTLAND AVE | 2025-05 | $765,000 | 1,534 | 87.4% |
| 58 HILLSIDE AVE | 2026-02 | $588,000 | 1,291 | 88.2% |
| 522 ORITANI PLACE | 2025-05 | $640,000 | 1,403 | 77.1% |
| 516 ORITANI PLACE | 2025-05 | $525,000 | 1,401 | 82.5% |
| 1333 PRINCETON RD | 2025-05 | $770,000 | 1,436 | 82.0% |
| 620 CHESTNUT AVE | 2025-11 | $595,000 | 1,458 | 85.5% |
| 215 LARCH AVE | 2025-02 | $524,000 | 1,476 | 92.0% |
| 539 KENWOOD PLACE | 2025-07 | $675,000 | 1,388 | 75.2% |
| 394 MORNINGSIDE TERR | 2025-11 | $640,000 | 1,612 | 92.8% |
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