The Fair Share Report

138 Ames 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

≈ $777,743

Likely range $736,040 – $849,631, 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 $777,743 home should be assessed near $580,041.

Step 3 · Assessed value

$498,300

Set at the last town-wide revaluation and mostly frozen since. That's $81,741 below what the ratio math suggests (14.1%).

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

$15,990/yr
Public schools$7,262
Bergen County$1,451
Town of Hackensack$7,277
Hackensack average$10,305

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

Town median 66.5%
This home · 64.1%

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
392 TAYLOR AVE2025-01$720,0002,10051.4%
483 PARKER AVE2025-10$769,0002,25863.5%
140 HOPPER ST.2025-01$850,0002,38858.1%
413 ESSEX ST2025-01$900,0002,50454.8%
137 AMES ST.2025-09$590,0001,95666.9%
174 CLAY ST2025-12$830,0002,26250.9%
140 DAVIS AVE.2026-02$675,0001,96561.9%
54 WILLOW AVE2025-02$775,0001,86473.4%
232-34 WASHINGTON AVE.2025-01$770,0002,22656.8%
383 HAYNES ST2025-10$790,0002,02251.8%
137 BYRNE ST2026-04$750,0001,96157.0%
90 PROSPECT AVE2025-09$355,0001,81273.9%

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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 →