Assessment Information

Due to its almost entirely commercial/industrial tax base, Teterboro has one of the lowest residential property tax rates in New Jersey. Very few residential properties exist.

Recent Trends

Residential real estate in Teterboro is extremely limited. The borough's real estate market is dominated by commercial and industrial properties, including warehouse, logistics, and aviation-related facilities. There is virtually no residential development activity.

Neighborhood Notes

• ●The small residential area is located on the eastern side of the borough
• ●Most of the borough consists of airport property, warehouses, and commercial buildings
• ●The Meadowlands environment borders the borough to the south and west
• ●Adjacent to Hasbrouck Heights, Moonachie, and South Hackensack