The Fair Share Report
105 State St 2c
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $334,738 – $416,080, from 12 comparable Hackensack sales in the past 18 months (home size estimated from assessor data — range widened).
Step 2 · The Director's Ratio
The state's official measure of how far Hackensack assessments sit below market value — republished every October, applied town-wide. A $399,136 home should be assessed near $297,676.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $73,176 below what the ratio math suggests (24.6%).
Step 4 · The tax rate — same for every Hackensack home
$1.457 Schools · 45% $0.291 County · 9% $1.460 Town · 46%
Step 5 · The bill
This home vs. every recent Hackensack sale · assessed ÷ market
49%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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 19 JEFFERSON ST. | 2025-07 | $395,000 | 1,020 | 62.3% |
| 446 PASSAIC ST. | 2025-09 | $435,000 | 1,010 | 58.7% |
| 280 KIPP ST. | 2025-05 | $415,000 | 1,040 | 67.3% |
| 280 KIPP ST. | 2025-04 | $400,000 | 1,040 | 67.3% |
| 446 PASSAIC ST. | 2026-04 | $335,000 | 985 | 60.7% |
| 31 FAIRMOUNT AVE. | 2026-03 | $395,000 | 977 | 68.8% |
| CONDO | 2025-07 | $395,000 | 977 | 69.5% |
| 10 ORCHARD ST | 2026-02 | $330,000 | 1,086 | 75.0% |
| 300 PARK ST. | 2025-10 | $360,000 | 984 | 60.6% |
| 420 PASSAIC ST | 2025-05 | $455,000 | 990 | 61.2% |
| 140 EUCLID AVE. | 2026-04 | $320,000 | 960 | 65.7% |
| 140 EUCLID AVE. | 2025-12 | $315,000 | 960 | 66.7% |
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