The Fair Share Report
856 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 $486,862 – $643,090, from 12 comparable Teaneck sales in the past 18 months (home size estimated from assessor data — range widened).
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 $574,345 home should be assessed near $516,049.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $53,049 below what the ratio math suggests (10.3%).
Step 4 · The tax rate — same for every Teaneck home
$1.250 Schools · 55% $0.241 County · 11% $0.800 Town · 35%
This home's own bill implies $2.184 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
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 |
|---|---|---|---|---|
| 163 PARK AVE | 2025-11 | $560,000 | 1,394 | 87.5% |
| 1272 E LAURELTON PKY | 2025-05 | $645,000 | 1,444 | 88.4% |
| 539 KENWOOD PLACE | 2025-07 | $675,000 | 1,388 | 75.2% |
| 315 PINE ST | 2026-03 | $573,500 | 1,376 | 85.8% |
| 652 TILDEN AVE | 2025-04 | $615,000 | 1,503 | 79.3% |
| 536 SAGAMORE AVE | 2025-12 | $510,000 | 1,454 | 98.8% |
| 516 ORITANI PLACE | 2025-05 | $525,000 | 1,401 | 82.5% |
| 1470 GAYLORD TERR | 2025-04 | $400,000 | 1,443 | 104.7% |
| 657 MARTENSE AVE | 2026-05 | $525,000 | 1,298 | 88.6% |
| 543 SAGAMORE AVE | 2026-01 | $660,000 | 1,464 | 83.4% |
| 101 WALNUT ST | 2025-08 | $670,000 | 1,514 | 70.7% |
| 439 SAGAMORE AVE | 2025-02 | $680,000 | 1,503 | 77.9% |
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