The Fair Share Report
83 Schoonmaker Rd
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 $671,280 – $794,658, from 12 comparable Teaneck sales in the past 18 months, at this home's 1,940 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 $699,008 home should be assessed near $628,059.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $9,759 below what the ratio math suggests (1.6%).
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 |
|---|---|---|---|---|
| 972 EASTLAWN DR | 2025-07 | $920,000 | 1,958 | 73.1% |
| 266 HAMILTON RD | 2026-03 | $675,000 | 1,951 | 79.0% |
| 1106 BROMLEY AVE | 2026-02 | $680,000 | 1,934 | 90.3% |
| 880 EASTLAWN DR | 2025-09 | $617,500 | 1,848 | 80.6% |
| 738 BAYARD ST | 2025-04 | $690,000 | 1,915 | 78.5% |
| 40 PARKER LANE | 2025-09 | $745,000 | 2,088 | 81.6% |
| 680 FOREST AVE | 2025-09 | $810,000 | 1,963 | 87.8% |
| 636 TILDEN AVE | 2025-09 | $707,000 | 1,726 | 77.0% |
| 17 CRANFORD PL | 2025-06 | $625,000 | 1,752 | 84.8% |
| 132 STUYVESANT RD | 2025-06 | $750,000 | 1,987 | 70.1% |
| 1774 RENSSELAER RD | 2026-02 | $700,000 | 2,126 | 73.8% |
| 260 HAMILTON RD | 2026-06 | $760,000 | 1,754 | 64.9% |
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