The Fair Share Report

837 Ester Ave

Teaneck, NJ 07652

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

≈ $632,090

Likely range $612,994 – $744,121, 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 $632,090 home should be assessed near $567,933.

Step 3 · Assessed value

$559,400

Set at the last town-wide revaluation and mostly frozen since. That's $8,533 below what the ratio math suggests (1.5%).

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

$12,821/yr
Public schools$6,996
Bergen County$1,349
Town of Teaneck$4,477
Teaneck average$14,378

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

Town median 81.8%
This home · 88.5%

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
527 CUMBERLAND AVE2025-12$635,0001,79779.9%
88 LINDBERGH BLVD2025-08$615,0001,79697.4%
260 SHERMAN AVE2025-10$605,0001,77392.7%
63 SELVAGE AVE2025-02$900,0001,83660.0%
973 GARRISON AVE2025-08$749,9991,73469.1%
843 BELLE AVE2026-01$750,0001,81680.5%
501 CUMBERLAND AVE2026-05$740,0001,72178.9%
183 OAKDENE AVE2026-01$665,0001,67076.1%
140 JOHNSON AVE2025-06$675,0001,93886.6%
692 CHESTNUT AVE2025-03$560,0001,59491.0%
884 HELEN ST2025-07$665,0001,88483.2%
486 WYNDHAM RD2025-06$655,0001,76487.9%

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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 →