The Fair Share Report
10 John St
So Hackensack, NJ 07606
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $730,000 – $785,000, from 5 comparable South Hackensack sales in the past 18 months.
Step 2 · The Director's Ratio
The state's official measure of how far South Hackensack assessments sit below market value — republished every October, applied town-wide. A $732,000 home should be assessed near $720,215.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $220,515 below what the ratio math suggests (30.6%).
Step 4 · The tax rate — same for every South Hackensack home
$0.808 Schools · 44% $0.229 County · 12% $0.814 Town · 44%
This home's own bill implies $1.719 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent South Hackensack sale · assessed ÷ market
58%105%
Keep quiet and enjoy it
This home's assessment ratio sits below the South Hackensack pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 9 TUVE LANE | 2025-01 | $785,000 | 1,944 | 98.5% |
| 352 CHESTNUT AVE | 2026-01 | $732,000 | 1,700 | 65.6% |
| 545 MOONACHIE ROAD | 2025-01 | $500,000 | 1,186 | 95.9% |
| 112 E. GROVE ST | 2025-03 | $730,000 | 2,080 | 92.4% |
| 16 MAPLE AVE | 2026-05 | $750,000 | 1,216 | 71.2% |
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