The Fair Share Report

844 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.

Step 1 · Market value

≈ $645,830

Likely range $555,039 – $696,675, 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 $645,830 home should be assessed near $580,278.

Step 3 · Assessed value

$514,000

Set at the last town-wide revaluation and mostly frozen since. That's $66,278 below what the ratio math suggests (11.4%).

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

$11,781/yr
Public schools$6,428
Bergen County$1,239
Town of Teaneck$4,114
Teaneck average$14,378

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

Town median 81.8%
This home · 79.6%

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
732 RUTLAND AVE2025-12$620,0001,606110.9%
40 STUYVESANT RD2026-04$615,0001,53672.1%
1019 HADDON PL2025-10$470,0001,50998.9%
439 SAGAMORE AVE2025-02$680,0001,50377.9%
101 WALNUT ST2025-08$670,0001,51470.7%
692 CHESTNUT AVE2025-03$560,0001,59491.0%
898 HELEN ST2025-07$700,0001,63667.4%
173 GRAYSON PL2026-02$575,0001,51886.6%
973 GARRISON AVE2025-08$749,9991,73469.1%
652 TILDEN AVE2025-04$615,0001,50379.3%
140 BLAUVELT ST2025-09$598,7501,62080.5%
192 KINGS COURT2026-05$450,0001,65077.2%

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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 →