The Fair Share Report
115 Lawrence St
Hackensack, NJ 07047
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 $224,618 – $304,045, 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 $274,840 home should be assessed near $204,976.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $113,876 below what the ratio math suggests (55.6%).
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
25%91%
Keep quiet and enjoy it
This home's assessment ratio sits below the 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 |
|---|---|---|---|---|
| 110-14 SUSSEX ST. | 2026-02 | $226,000 | 590 | 62.6% |
| 300 LOOKOUT AVE | 2025-09 | $285,000 | 650 | 63.7% |
| 446 PASSAIC ST. | 2026-06 | $315,000 | 690 | 56.1% |
| 420 PASSAIC ST | 2025-04 | $315,000 | 740 | 69.2% |
| 446 PASSAIC ST. | 2025-11 | $335,000 | 750 | 53.9% |
| 89 KANSAS ST | 2025-06 | $295,000 | 717 | 51.6% |
| 50 EUCLID AVE. | 2025-11 | $290,000 | 797 | 68.0% |
| 300 LOOKOUT AVE | 2025-03 | $338,000 | 769 | 57.0% |
| 281 PARK ST. | 2025-04 | $235,000 | 703 | 73.0% |
| 31 FAIRMOUNT AVE. | 2025-09 | $433,750 | 810 | 54.0% |
| 281 PARK ST. | 2025-02 | $267,000 | 761 | 63.8% |
| 9 VREELAND AVE. | 2026-04 | $260,000 | 538 | 57.0% |
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