The Fair Share Report

147 Buckingham Dr

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

≈ $478,928

Likely range $407,561 – $656,455, 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 $478,928 home should be assessed near $357,185.

Step 3 · Assessed value

$448,300

Set at the last town-wide revaluation and mostly frozen since. That's $91,115 above what the ratio math suggests (25.5%).

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

$14,386/yr
Public schools$6,534
Bergen County$1,305
Town of Hackensack$6,547
Hackensack average$10,305

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

Town median 66.5%
This home · 93.6%

49%115%

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
90 PROSPECT AVE2025-04$430,0001,70452.8%
136 ELM AVE2025-01$460,0001,60487.9%
431 BLANCHARD TERR2026-06$670,0001,64461.8%
344 PROSPECT AVE.2026-03$328,0001,66487.8%
160 OVERLOOK AVE.2025-06$425,0001,50488.7%
90 PROSPECT AVE2026-03$465,0001,81256.1%
90 PROSPECT AVE2025-09$355,0001,81273.9%
90 PROSPECT AVE2025-11$380,0001,53871.2%
378 LOOKOUT AVE2025-12$580,0001,48658.3%
245 PROSPECT AVE2026-05$619,0001,66266.5%
245 PROSPECT AVE2026-04$599,9991,66267.8%
245 PROSPECT AVE2026-02$480,0001,66274.2%

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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 →