The Fair Share Report
840 Ester 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 $593,024 – $725,811, from 12 comparable Teaneck sales in the past 18 months, at this home's 1,688 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 $675,859 home should be assessed near $607,259.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $94,359 below what the ratio math suggests (15.5%).
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 |
|---|---|---|---|---|
| 973 GARRISON AVE | 2025-08 | $749,999 | 1,734 | 69.1% |
| 732 RUTLAND AVE | 2025-12 | $620,000 | 1,606 | 110.9% |
| 527 CUMBERLAND AVE | 2025-12 | $635,000 | 1,797 | 79.9% |
| 898 HELEN ST | 2025-07 | $700,000 | 1,636 | 67.4% |
| 843 BELLE AVE | 2026-01 | $750,000 | 1,816 | 80.5% |
| 40 STUYVESANT RD | 2026-04 | $615,000 | 1,536 | 72.1% |
| 88 LINDBERGH BLVD | 2025-08 | $615,000 | 1,796 | 97.4% |
| 192 KINGS COURT | 2026-05 | $450,000 | 1,650 | 77.2% |
| 1019 HADDON PL | 2025-10 | $470,000 | 1,509 | 98.9% |
| 183 OAKDENE AVE | 2026-01 | $665,000 | 1,670 | 76.1% |
| 439 SAGAMORE AVE | 2025-02 | $680,000 | 1,503 | 77.9% |
| 501 CUMBERLAND AVE | 2026-05 | $740,000 | 1,721 | 78.9% |
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