The Fair Share Report

103 Lawrence St

Hackensack, NJ 07601

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.

Step 1 · Market value

≈ $505,480

Likely range $418,076 – $584,687, from 12 comparable Hackensack sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

74.58%

The state's official measure of how far Hackensack assessments sit below market value — republished every October, applied town-wide. A $505,480 home should be assessed near $376,987.

Step 3 · Assessed value

$309,200

Set at the last town-wide revaluation and mostly frozen since. That's $67,787 below what the ratio math suggests (18.0%).

Step 4 · The tax rate — same for every Hackensack home

$3.208 per $100 assessed

$1.457 Schools · 45% $0.291 County · 9% $1.460 Town · 46%

Step 5 · The bill

$9,922/yr
Public schools$4,506
Bergen County$900
Town of Hackensack$4,516
Hackensack average$10,305

This home vs. every recent Hackensack sale · assessed ÷ market

Town median 66.5%
This home · 61.2%

47%91%

Paying about right

This home's ratio lands inside Hackensack's normal band. The drift hasn't singled it out — no case for a tax appeal.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
90 DE WITT PLACE2026-02$690,0001,55546.6%
388 PARKER AVE2025-02$583,0001,34274.3%
39 PANGBORN PL2025-09$550,0001,50459.5%
392 LOOKOUT AVE2025-02$700,0001,47949.2%
50 SPRING VALLEY AVE.2025-09$550,0001,39666.4%
99 TROAST ST2025-10$630,0001,31258.8%
68 DE WITT PL.2025-08$475,0001,50462.1%
321-323 SIMONS AVE2025-11$518,9721,26867.0%
335 PARKER AVE2025-05$450,0001,33276.7%
31 VANDERBECK PL2025-08$540,0001,46062.2%
233-35 WASHINGTON AVE.2025-05$752,0001,04442.5%
34 EMERALD ST2025-01$400,0001,46180.5%

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Estimates from public records — NJ MOD-IV assessments, SR1A usable sales, and Treasury/DCA rate tables. Your house has a history. Write the next chapter on Plotline →