The Fair Share Report

8 Maple 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

≈ $683,159

Likely range $606,148 – $700,168, 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 $683,159 home should be assessed near $613,818.

Step 3 · Assessed value

$536,500

Set at the last town-wide revaluation and mostly frozen since. That's $77,318 below what the ratio math suggests (12.6%).

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

$12,297/yr
Public schools$6,709
Bergen County$1,294
Town of Teaneck$4,294
Teaneck average$14,378

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

Town median 81.8%
This home · 78.5%

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
1073 BROMLEY AVE2025-09$650,0001,79889.4%
1081 LAMBERT RD2025-06$870,0001,75474.0%
1105 BELLE AVE2026-03$675,0001,65988.1%
731 WENDEL PL2025-08$565,0001,716113.1%
1372 RIVER RD2025-06$780,0001,73673.9%
732 CATALPA AVE2025-04$802,0001,64967.4%
719 CATALPA AVE2025-12$645,0001,64875.3%
636 TILDEN AVE2025-09$707,0001,72677.0%
688 CATALPA AVE2025-06$590,0001,67582.6%
7 OAK ST2025-02$660,0001,61681.9%
341 VAN BUREN AVE2026-01$670,0001,64480.9%
665 NORTHUMBERLAND RD2026-01$610,0001,597105.3%

Is this your house?

Run your own report →

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 →