The Fair Share Report
845 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 $664,503 – $727,571, from 12 comparable Teaneck sales in the past 18 months, at this home's 2,055 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 $712,031 home should be assessed near $639,760.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $21,940 above what the ratio math suggests (3.4%).
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%
A touch high — worth watching
This home's ratio sits above most of Teaneck, but doesn't clear NJ's legal appeal line (100.00%).
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 136 JOHNSON AVE | 2025-09 | $855,000 | 2,048 | 69.2% |
| 133 DEGRAW AVE | 2025-09 | $535,000 | 1,995 | 105.6% |
| 140 JOHNSON AVE | 2025-06 | $675,000 | 1,938 | 86.6% |
| 982 QUEEN ANNE RD | 2025-11 | $636,000 | 2,110 | 89.0% |
| 528 WYNDHAM RD | 2026-06 | $720,000 | 2,125 | 80.7% |
| 195 COLONIAL COURT | 2025-04 | $625,000 | 1,976 | 83.2% |
| 85 SHERMAN AVE | 2025-10 | $655,000 | 1,979 | 82.7% |
| 766 SALEM ST | 2026-04 | $720,000 | 2,078 | 81.5% |
| 1040 WARREN PARKWAY | 2025-01 | $785,000 | 2,088 | 75.7% |
| 258 GRIGGS AVE | 2025-10 | $675,000 | 1,986 | 91.0% |
| 63 SELVAGE AVE | 2025-02 | $900,000 | 1,836 | 60.0% |
| 527 CUMBERLAND AVE | 2025-12 | $635,000 | 1,797 | 79.9% |
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