The Fair Share Report

87 Maple St

Teaneck, NJ 07458

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

≈ $565,581

Likely range $483,645 – $654,463, 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 $565,581 home should be assessed near $508,175.

Step 3 · Assessed value

$434,800

Set at the last town-wide revaluation and mostly frozen since. That's $73,375 below what the ratio math suggests (14.4%).

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

$9,966/yr
Public schools$5,437
Bergen County$1,048
Town of Teaneck$3,480
Teaneck average$14,378

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

Town median 81.8%
This home · 76.9%

61%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
218 FORT LEE RD2025-05$645,0001,34277.0%
516 ORITANI PLACE2025-05$525,0001,40182.5%
539 KENWOOD PLACE2025-07$675,0001,38875.2%
163 PARK AVE2025-11$560,0001,39487.5%
184 WALNUT ST2025-01$420,0001,29498.1%
315 PINE ST2026-03$573,5001,37685.8%
671 CHESTNUT AVE2026-01$549,0001,39281.2%
1272 E LAURELTON PKY2025-05$645,0001,44488.4%
209 PARK AVE2026-01$520,0001,42888.3%
188 WALNUT ST2025-12$612,0001,24475.5%
58 HILLSIDE AVE2026-02$588,0001,29188.2%
1157 KATHERINE ST2025-01$599,0001,26474.5%

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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 →