The Fair Share Report

137 Clay 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.

Step 1 · Market value

≈ $545,593

Likely range $432,452 – $586,624, 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 $545,593 home should be assessed near $406,903.

Step 3 · Assessed value

$309,600

Set at the last town-wide revaluation and mostly frozen since. That's $97,303 below what the ratio math suggests (23.9%).

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%

This home's own bill implies $3.128 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$9,685/yr
Public schools$4,399
Bergen County$879
Town of Hackensack$4,408
Hackensack average$10,305

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

Town median 66.5%
This home · 56.7%

47%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
388 PARKER AVE2025-02$583,0001,34274.3%
335 PARKER AVE2025-05$450,0001,33276.7%
99 TROAST ST2025-10$630,0001,31258.8%
268 MARVIN AVE2025-07$550,0001,40262.3%
321-323 SIMONS AVE2025-11$518,9721,26867.0%
34 EMERALD ST2025-01$400,0001,46180.5%
193 KRONE PL2025-11$560,0001,46563.9%
418 TAYLOR AVE2026-03$655,0001,54553.1%
88 CATALPA AVE.2025-06$620,0001,49962.5%
119 POPLAR AVE2025-06$465,0001,36373.9%
113 JOHN ST2025-03$580,0001,41647.3%
64 DAVIS AV2026-06$680,0001,53258.2%

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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 →