Revaluation

Township of Teaneck

Project Status (as of February 23, 2024)
The revaluation has been completed in accordance with the rules and regulations mandated by the State of New Jersey requiring all real property be appraised at its fair market value. Appraisal Systems Inc. (ASI) has made a complete analysis of all recent market data in order to accomplish this task and to determine the value of all properties as of October 1, 2023.

For comparative purposes, a tax rate of $2.047 (per $100 of assessed value) has been estimated for 2024 to give property owners a sense of how their property taxes may increase or decrease based on the new 2024 proposed property assessments. This estimated tax rate does not include any potential budget increases in 2024, and the exact tax rate cannot be computed until the County, School and Municipal budgets are approved and calculated into the official 2024 tax rate next year.

If you desire, you may speak with an Appraisal Systems Inc. representative to discuss any relevant information regarding your new proposed 2024 assessed value as it relates to the market value of your property. Meetings can be arranged by calling (201) 493-8530 Monday-Friday between the hours of 9:30 A.M and 4:00 P.M., within 7 business days of receipt of your letter. Additionally, you can schedule an informal meeting online 24 hours-a-day, 7 days-a-week by visiting the scheduling page at ASI’s website www.asinj.com/scheduling.htm. Use the information in your letter to gain access for your property.

If you wish to request a copy of your property record card for your review, please email teaneck@asinj.com and include your block, lot and address in the email request. Please allow up to 72 hours to receive your property record card by email.

Thank you for your continued cooperation during the revaluation process.

Introductory Materials
Revaluation Brochure-English (pdf file)
Revaluation Brochure-Spanish (pdf file)
Teaneck Introductory Letter-English (pdf file)
Teaneck Introductory Letter-Spanish (pdf file)
Teaneck Revaluation Presentation (pdf file)
Teaneck Value Letter (pdf file)

Tax Impact
Teaneck Tax Impact Study (pdf file)
Teaneck Tax Worksheet (pdf file)
Teaneck Tax Worksheet (xlsx file)

Neighborhood Map
Teaneck NBHD Map (pdf file)

Sales Reports
List of 2022 - 2023 Sales (xlsx file)

Assessment Lists
Teaneck Residential Assessments (xlsx file)

Definitions and Codes
Non Usable Sales Codes and Definitions (pdf file)