The Fair Share Report

140 W St

Hackensack, NJ 07652

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

≈ $711,912

Likely range $602,825 – $877,391, 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 $711,912 home should be assessed near $530,944.

Step 3 · Assessed value

$458,500

Set at the last town-wide revaluation and mostly frozen since. That's $72,444 below what the ratio math suggests (13.6%).

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

$14,713/yr
Public schools$6,682
Bergen County$1,335
Town of Hackensack$6,696
Hackensack average$10,305

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

Town median 66.5%
This home · 64.4%

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
165 PINE ST2026-02$875,0002,11856.1%
27-29 MARTIN TERR2026-03$850,0001,72660.4%
137 BYRNE ST2026-04$750,0001,96157.0%
280 CENTRAL AVE2026-02$510,0002,03250.3%
258 CLINTON PL2026-06$790,0002,02560.6%
172 BERRY ST2025-05$625,0001,94351.9%
90 PROSPECT AVE2025-09$355,0001,81273.9%
168-70 CLAY ST2026-04$910,0002,07049.4%
115 FAIRMOUNT AVE2025-10$780,0002,07153.5%
436 SUMMIT AVE2025-08$793,0003,32791.4%
298 THIRD ST.2026-02$599,0001,82848.9%
309 LOOKOUT AVE2025-12$600,0001,97571.6%

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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 →