The Fair Share Report
861 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 $483,588 – $712,547, 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 $604,944 home should be assessed near $543,542.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $36,842 below what the ratio math suggests (6.8%).
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%110%
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 |
|---|---|---|---|---|
| 692 CHESTNUT AVE | 2025-03 | $560,000 | 1,594 | 91.0% |
| 732 RUTLAND AVE | 2025-12 | $620,000 | 1,606 | 110.9% |
| 40 STUYVESANT RD | 2026-04 | $615,000 | 1,536 | 72.1% |
| 173 GRAYSON PL | 2026-02 | $575,000 | 1,518 | 86.6% |
| 652 TILDEN AVE | 2025-04 | $615,000 | 1,503 | 79.3% |
| 101 WALNUT ST | 2025-08 | $670,000 | 1,514 | 70.7% |
| 483 CUMBERLAND AVE | 2025-07 | $688,500 | 1,544 | 81.4% |
| 619 PALISADE AVE | 2025-11 | $495,000 | 1,554 | 107.5% |
| 152 WASHINGTON PL | 2026-01 | $460,000 | 1,508 | 85.9% |
| 1019 HADDON PL | 2025-10 | $470,000 | 1,509 | 98.9% |
| 536 SAGAMORE AVE | 2025-12 | $510,000 | 1,454 | 98.8% |
| 439 SAGAMORE AVE | 2025-02 | $680,000 | 1,503 | 77.9% |
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