The Fair Share Report

85 Maple St

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

≈ $637,075

Likely range $510,698 – $768,534, 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 $637,075 home should be assessed near $572,412.

Step 3 · Assessed value

$576,100

Set at the last town-wide revaluation and mostly frozen since. That's $3,688 above what the ratio math suggests (0.6%).

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

$13,204/yr
Public schools$7,204
Bergen County$1,389
Town of Teaneck$4,611
Teaneck average$14,378

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

Town median 81.8%
This home · 90.4%

64%118%

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
388 EDGEWOOD AVE2026-03$800,0001,68087.9%
263 QUEENS COURT2025-07$475,0001,786134.6%
194 ELM AVE2025-10$655,0001,75493.5%
388 HICKORY ST2025-11$690,0001,56682.0%
867 RIVER RD2025-12$500,0001,81591.8%
641 PALISADE AVE2025-05$575,0001,783104.8%
93 COPLEY AVE2026-02$650,0001,87891.2%
394 MORNINGSIDE TERR2025-11$640,0001,61292.8%
308 WOODBINE ST2025-10$360,0001,650112.8%
77 OAKDENE AVE2026-06$805,0001,77976.7%
708 LINDEN AVE2025-12$555,0001,797102.8%
1174 ARLINGTON AVE2025-04$566,0001,80091.3%

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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 →