The Fair Share Report

97 Maple St

Teaneck, NJ 07601

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

≈ $608,778

Likely range $558,831 – $698,077, 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 $608,778 home should be assessed near $546,987.

Step 3 · Assessed value

$497,900

Set at the last town-wide revaluation and mostly frozen since. That's $49,087 below what the ratio math suggests (9.0%).

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

$11,412/yr
Public schools$6,226
Bergen County$1,200
Town of Teaneck$3,985
Teaneck average$14,378

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

Town median 81.8%
This home · 81.8%

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
290 QUEEN ANNE RD2025-03$415,0001,467111.2%
320 JAMES ST2026-02$620,0001,76678.7%
42 E FOREST AVE2025-03$560,0001,48186.2%
518 HILLCREST ST2025-07$850,0001,78869.1%
73 FAIRVIEW AVE2026-05$690,0001,44064.8%
692 CHESTNUT AVE2025-03$560,0001,59491.0%
554 HILLCREST ST2025-05$670,0001,57180.1%
619 PALISADE AVE2025-11$495,0001,554107.5%
535 CENTER PLACE2025-08$799,0001,89677.4%
209 PARK AVE2026-01$520,0001,42888.3%
732 RUTLAND AVE2025-12$620,0001,606110.9%
183 OAKDENE AVE2026-01$665,0001,67076.1%

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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 →