The Fair Share Report

852 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

≈ $543,393

Likely range $520,872 – $622,435, 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 $543,393 home should be assessed near $488,239.

Step 3 · Assessed value

$438,900

Set at the last town-wide revaluation and mostly frozen since. That's $49,339 below what the ratio math suggests (10.1%).

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

$10,060/yr
Public schools$5,489
Bergen County$1,058
Town of Teaneck$3,513
Teaneck average$14,378

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

Town median 81.8%
This home · 80.8%

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
657 MARTENSE AVE2026-05$525,0001,29888.6%
315 PINE ST2026-03$573,5001,37685.8%
184 WALNUT ST2025-01$420,0001,29498.1%
218 FORT LEE RD2025-05$645,0001,34277.0%
163 PARK AVE2025-11$560,0001,39487.5%
423 SAGAMORE AVE2024-12$554,0001,23883.4%
539 KENWOOD PLACE2025-07$675,0001,38875.2%
631 MARTENSE AVE2025-11$500,0001,22495.2%
580 MAPLE AVE2026-03$340,0001,272124.0%
188 WALNUT ST2025-12$612,0001,24475.5%
49 FRANKLIN RD2025-09$610,0001,32374.0%
516 ORITANI PLACE2025-05$525,0001,40182.5%

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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 →