The Fair Share Report

121 Davis Ave

Hackensack, NJ 07424

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

≈ $531,251

Likely range $439,516 – $571,750, 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 $531,251 home should be assessed near $396,207.

Step 3 · Assessed value

$356,700

Set at the last town-wide revaluation and mostly frozen since. That's $39,507 below what the ratio math suggests (10.0%).

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

$11,447/yr
Public schools$5,199
Bergen County$1,038
Town of Hackensack$5,209
Hackensack average$10,305

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

Town median 66.5%
This home · 67.1%

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)

AddressSoldPriceSq ftRatio
193 KRONE PL2025-11$560,0001,46563.9%
388 PARKER AVE2025-02$583,0001,34274.3%
268 MARVIN AVE2025-07$550,0001,40262.3%
321-323 SIMONS AVE2025-11$518,9721,26867.0%
99 TROAST ST2025-10$630,0001,31258.8%
335 PARKER AVE2025-05$450,0001,33276.7%
55 ROWLAND AVE2025-09$599,9001,25454.5%
131 DAVIS AVE2025-11$581,0001,64962.0%
131 DAVIS AVE2025-06$380,0001,64994.8%
34 EMERALD ST2025-01$400,0001,46180.5%
248 PARKER AVE2025-04$575,0001,38752.8%
811 SUMMIT AVE2026-01$605,0001,46059.6%

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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 →