Teterboro, NJ
About Teterboro, NJ Real Estate Market
The borough of Teterboro got formed from the portions of Little Ferry, Moonachie and Lodi Township in 1917. Further expansion happened in 1918 when some portions of Hasbrouck Heights got included in Teterboro.
The borough is named after Walter C. Teter, a New York investment banker who developed a 700-acre site in the borough of Teterboro for various purposes like building a racetrack, an airport, an 18-hole golf course and reclaiming marshland. While the name of Teterboro was changed to Bendix Borough in 1937, it got renamed Teterboro in 1943.
The borough of Teterboro is home to the Teterboro Airport, one of the largest airports in the Eastern part of the USA. This airport is operated by the Port Authority of New York and New Jersey. It also includes a few portions of Moonachie and Hasbrouck Heights. Due to the presence of airport, the homes which are a part of New Jersey real state in this town are priced higher than the homes in surrounding boroughs.
| Population: | 67 |
| Total Housing Units: | 27 |
| Single Family Homes: | 7 |
| General Tax Rate (2023): | 1.177% |
| Effective Tax Rate (2023): | 0.880% |
| Compare To Other Towns |
Teterboro Market Indicators
PRICE INDEX
| Average Price* (12mo): | $1 |
| Homes Sold* (12mo): | 0 |
SINGLE FAMILY HOME SALES
Teterboro, NJ
REAL ESTATE TAXES
| General Tax Rate (2023): | 1.177% |
| Effective Tax Rate (2023): | 0.880% |
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Teterboro Schools & Libraries
Technical School Teterboro
504 Rt 46 West, Teterboro, NJ 07608
| Fort Lee | 26 buildings |
| Edgewater | 29 buildings |
| Cliffside Park | 6 buildings |
| North Bergen | 6 buildings |
| Guttenberg | 2 buildings |
| West New York | 4 buildings |
| Union City | 1 buildings |
| Weehawken | 5 buildings |
| Hoboken | 10 buildings |
| Jersey City | 9 buildings |
MADISON ADAMSTM
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Madison Adams are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
NJMLS is the owner of the copyrights of the listing content displayed for IDX. The NJMLS Internet Data Exchange Logo is a service mark owned by the NJMLS, Inc.
All information deemed reliable but not guaranteed. Last date updated: 12/21/2024 00:05 AM
Source: New Jersey Multiple Listing Service, Inc.
“©2024 New Jersey Multiple Listing Service, Inc. All rights reserved.”
Average Price reflects the average price of single family homes sold in particular town. It is calculated based on the twelve month moving average (geometric mean).
General Tax Rate is used to determine the amount of real estate tax levied upon a particular property. This rate is used to compute the tax bill.
Effective Tax Rate is used to compare of one district to another district based on the assumption that all districts are at 100% valuation. This rate has been computed by the State of New Jersey Department of the Treasury using County Equalization Average Ratios. This rate is NOT to be used to compute the tax bill.
Homes Sold is the number of single family homes sold in a particular district in the past 12 month period.
Data Source: US Census 2010, NJ MLS, State of New Jersey Department of the Treasury