General Information of Assessment Administration Office
For 2000, Teaneck has a total of 11,710 taxable real properties with an aggregate assessable value of $2,567,425,700. This represents a net increase of $2,291,200 over the aggregate assessable value of real property for 1999. With the addition of taxable business property, the net valuation taxable was $2,572,227,611 for 2000. This represents an increase of $1,017,297 relative to the 1999 net valuation taxable.
The following breakdown by property class was observed for real property in 2000:
| Property Type | # of Parcels | % of T # | % of Assessed Value |
| 1-4 Family Res. | 11,117 | 94.96% | 84.20% |
| Commercial | 382 | 3.26% | 10.88% |
| Industrial | 17 | 0.15% | 0.97% |
| Apartments | 55 | 0.47% | 3.48% |
| Vacant Land | 139 | 1.16% | 0.47% |
| Totals | 11,710 | 100.00% | 100.00% |
In addition to taxable real properties, Teaneck has a total of 318 exempt properties with include schools, municipal properties, church, synagogue and charitable properties, and hospitals.
Due in part to escalating property values throughout the region, the number of tax appeals declined drastically relative to 1998. During 1999 there were a total of 107 appeals filed with the Bergen County Board of Taxation versus 216 filed in 1998. Petitions for appeal must be received by the Bergen County Board of Taxation on or before April 1. Tax appeal hearings are scheduled by the County Board of Taxation during the months following receipt of petition. Petitions and instructions for filing are available directly from the County Board of Taxation, please call (201) 646-3185.
In 1999 the Bergen County Board of Taxation issued an order to implement a municipal-wide revaluation of all properties in the Township of Teaneck for the tax year 2001. This order was submitted to and approved by the New Jersey Division of Taxation. The Township Council has filed a complaint with the Tax Court of New Jersey challenging the revaluation order.
The State Constitution authorizes an annual property tax deduction from the property taxes levied on a dwelling house owned and occupied by a qualified senior citizen, a person less than 65 who is permanently and totally disabled, or a person who is the surviving spouse of a qualified senior or disabled person. In order to qualify, persons must be residents of the State of New Jersey, reside in the property for which the deduction is claimed, and have an income not exceeding $ 10,000 annually, excluding Social Security or a comparable governmental retirement or disability program not to exceed the equivalency under Social Security. The State Constitution also provides for a tax deduction for qualified veterans and/or their surviving spouse. To qualify, the veteran must have served during a designated time of war as follows and have received an honorable discharge.
| Operation Desert Shield/Storm | -August 2, 1990 - Ongoing |
| Panama Peacekeeping Mission | -Dec. 20, 1989 - Jan. 31, 1990 |
| Lebanon Peacekeeping Mission | -Sept. 26 1982 - Dec.1, 1987 |
| Grenade Peacekeeping Mission | -Oct. 23, 1983 - Nov. 21, 1983 |
| Vietnam Conflict | -Dec.31, 1960 - May 7, 1975 |
| Korean Conflict | -June 23, 1950 - Jan. 31, 1955 |
| World War II | -Sept. 16, 1940 - Dec. 31, 1946 |
| World War I | -April 6, 1917 - Nov. 11, 1918 |
Note: Peacekeeping Missions require actual service in a combat zone for a total of 14 days, unless a service injury was received in a combat zone.
These Constitutional authorizations are administered by the assessor. For those individuals who feel they may qualify, the assessor should be contacted for the necessary forms.
During 1998 legislation was passed to authorize a freeze in property taxes for qualified senior citizens. Formally known as the Property Tax Reimbursement Program, this program is administered by the State Division of Taxation which should be contacted at 1-800-882-6597 for an application or additional information.
General Information of Assessment Administration Office
| James R. Tighe: | Tax Assessor |
| Phone: | 837-4846 |
| Hours: |
9:00 A.M. to 5:00 P.M. Monday - Friday 8:30 A.M. to 4:30 P.M. July and August |
The Office of Assessment Administration is responsible for taxation in conformity with existing statutes and regulations. The office prepares all assessment rolls as required by law. Exemptions and partial exemptions such as qualified veterans or their widowed spouses, qualifying senior citizens, houses of worship and certain schools are administered by this office.