The Fair Share Report

92 Intervale Rd

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

≈ $669,883

Likely range $636,957 – $772,125, 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 $669,883 home should be assessed near $601,890.

Step 3 · Assessed value

$505,700

Set at the last town-wide revaluation and mostly frozen since. That's $96,190 below what the ratio math suggests (16.0%).

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

$11,591/yr
Public schools$6,324
Bergen County$1,219
Town of Teaneck$4,047
Teaneck average$14,378

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

Town median 81.8%
This home · 75.5%

60%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
880 EASTLAWN DR2025-09$617,5001,84880.6%
216 STUYVESANT RD2025-08$600,0001,73475.1%
738 BAYARD ST2025-04$690,0001,91578.5%
793 DEARBORN ST2025-10$700,0001,781114.6%
266 HAMILTON RD2026-03$675,0001,95179.0%
636 TILDEN AVE2025-09$707,0001,72677.0%
17 CRANFORD PL2025-06$625,0001,75284.8%
875 GREENWOOD RD2025-04$835,0001,82070.4%
40 PARKER LANE2025-09$745,0002,08881.6%
260 HAMILTON RD2026-06$760,0001,75464.9%
850 BROAD ST2026-03$642,0001,71079.4%
972 EASTLAWN DR2025-07$920,0001,95873.1%

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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 →