The Fair Share Report
126 Cedar Ave
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 $462,364 – $631,149, 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 $554,667 home should be assessed near $413,671.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $63,929 above what the ratio math suggests (15.5%).
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%109%
A touch high — worth watching
This home's ratio sits above most of Hackensack, but doesn't clear NJ's legal appeal line (85.77%).
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 27-29 MARTIN TERR | 2026-03 | $850,000 | 1,726 | 60.4% |
| 37 KANSAS ST | 2025-09 | $620,000 | 1,674 | 60.1% |
| 115 SUSSEX ST | 2025-07 | $480,000 | 1,663 | 75.6% |
| 64 DE WITT PL. | 2025-07 | $612,500 | 1,718 | 55.8% |
| 89 SUSSEX ST | 2025-07 | $455,000 | 1,720 | 75.9% |
| 308 HAMILTON PL | 2025-07 | $550,000 | 1,650 | 70.9% |
| 90 PROSPECT AVE | 2025-04 | $430,000 | 1,704 | 52.8% |
| 13 ZABRISKIE ST | 2025-11 | $530,000 | 1,710 | 70.3% |
| 17 ZABRISKIE ST | 2025-10 | $595,000 | 1,710 | 63.5% |
| 54 POLIFLY RD | 2025-02 | $460,000 | 1,590 | 74.5% |
| 194 LOUIS ST | 2025-07 | $690,000 | 1,724 | 60.9% |
| 326 PROSPECT AVE | 2025-01 | $299,000 | 1,549 | 98.5% |
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