The Fair Share Report
108 Union 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $246,687 – $524,461, 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 $301,350 home should be assessed near $224,747.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $7,747 below what the ratio math suggests (3.4%).
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
36%93%
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 |
|---|---|---|---|---|
| 303 HAMILTON PL | 2025-10 | $275,000 | 741 | 57.0% |
| 303 HAMILTON PL | 2026-04 | $330,000 | 910 | 53.2% |
| 216 LINCOLN ST | 2025-02 | $515,500 | 870 | 53.6% |
| 220 LINCOLN ST | 2025-02 | $550,000 | 862 | 52.6% |
| 159 BERDAN PL | 2025-09 | $310,000 | 1,081 | 74.1% |
| 208 ANDERSON ST | 2026-04 | $245,000 | 800 | 65.7% |
| 208 ANDERSON ST | 2025-08 | $253,500 | 800 | 64.0% |
| 208 ANDERSON ST | 2025-06 | $290,000 | 800 | 69.1% |
| 208 ANDERSON ST | 2025-02 | $252,000 | 800 | 63.9% |
| 300 LOOKOUT AVE | 2025-04 | $283,000 | 827 | 70.1% |
| 300 LOOKOUT AVE | 2025-03 | $338,000 | 769 | 57.0% |
| 493 W ANDERSON ST | 2025-10 | $499,000 | 824 | 31.9% |
Is this your house?
Run your own report →