The Fair Share Report

84 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.

Step 1 · Market value

≈ $755,015

Likely range $606,441 – $794,305, 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 $755,015 home should be assessed near $678,381.

Step 3 · Assessed value

$598,700

Set at the last town-wide revaluation and mostly frozen since. That's $79,681 below what the ratio math suggests (11.7%).

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

$13,722/yr
Public schools$7,487
Bergen County$1,443
Town of Teaneck$4,792
Teaneck average$14,378

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

Town median 81.8%
This home · 79.3%

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
580 CHESTNUT AVE2025-02$775,0002,12380.3%
174 MANHATTAN AVE2026-02$935,0002,06576.7%
1654 TEANECK RD2025-08$600,0002,07280.5%
125 BOGERT ST2025-01$680,0001,90773.4%
1096 MARGARET ST2025-05$525,0002,02796.2%
1096 MARGARET ST2025-03$335,0002,027150.7%
671 SUNSET RD2025-06$740,0002,04078.6%
1328 TAFT RD2025-12$660,0002,158103.1%
286 WARWICK AVE2025-12$860,0002,20899.0%
35 AMSTERDAM AVE2025-06$550,0002,044105.3%
604 NEW BRIDGE RD2025-08$690,0001,97493.0%
1144 SUSSEX RD2025-06$700,6502,15098.9%

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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 →