The Fair Share Report

89 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

≈ $607,260

Likely range $543,579 – $707,215, 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 $607,260 home should be assessed near $545,623.

Step 3 · Assessed value

$491,500

Set at the last town-wide revaluation and mostly frozen since. That's $54,123 below what the ratio math suggests (9.9%).

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

$11,265/yr
Public schools$6,146
Bergen County$1,185
Town of Teaneck$3,934
Teaneck average$14,378

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

Town median 81.8%
This home · 80.9%

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
732 RUTLAND AVE2025-12$620,0001,606110.9%
173 GRAYSON PL2026-02$575,0001,51886.6%
692 CHESTNUT AVE2025-03$560,0001,59491.0%
483 CUMBERLAND AVE2025-07$688,5001,54481.4%
152 WASHINGTON PL2026-01$460,0001,50885.9%
451 SAGAMORE AVE2025-05$535,0001,53491.3%
1109 SUSSEX RD2025-06$705,0001,59790.6%
543 SAGAMORE AVE2026-01$660,0001,46483.4%
110 VAN BUREN AVE2025-02$617,5001,59079.8%
275 WINTHROP RD2025-08$880,0001,54280.4%
536 SAGAMORE AVE2025-12$510,0001,45498.8%
898 HELEN ST2025-07$700,0001,63667.4%

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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 →