The Fair Share Report

950 Alpine Dr

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

≈ $638,783

Likely range $576,459 – $678,796, 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 $638,783 home should be assessed near $573,947.

Step 3 · Assessed value

$508,900

Set at the last town-wide revaluation and mostly frozen since. That's $65,047 below what the ratio math suggests (11.3%).

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

$11,664/yr
Public schools$6,364
Bergen County$1,227
Town of Teaneck$4,073
Teaneck average$14,378

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

Town median 81.8%
This home · 79.7%

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 CATALPA AVE2025-04$802,0001,64967.4%
719 CATALPA AVE2025-12$645,0001,64875.3%
140 BLAUVELT ST2025-09$598,7501,62080.5%
40 DOHRMANN AVE2026-03$657,5001,64081.7%
7 OAK ST2025-02$660,0001,61681.9%
44 JASPER AVE2026-03$565,0001,59880.9%
688 CATALPA AVE2025-06$590,0001,67582.6%
898 HELEN ST2025-07$700,0001,63667.4%
110 VAN BUREN AVE2025-02$617,5001,59079.8%
341 VAN BUREN AVE2026-01$670,0001,64480.9%
285 WASHINGTON ST2026-01$395,0001,650124.3%
285 WASHINGTON ST2026-01$465,0001,650105.6%

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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 →