The Fair Share Report
147 Ter Pl
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 $337,072 – $623,508, 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 $476,188 home should be assessed near $355,141.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $65,141 below what the ratio math suggests (18.3%).
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
41%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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 303 HAMILTON PL | 2025-07 | $416,100 | 1,096 | 48.0% |
| 303 HAMILTON PL | 2026-04 | $330,000 | 910 | 53.2% |
| 325 SIMONS AVE | 2025-02 | $535,000 | 1,128 | 64.1% |
| 114 OLD HOBOKEN RD | 2025-02 | $1,099,000 | — | 68.2% |
| 233-35 WASHINGTON AVE. | 2025-05 | $752,000 | 1,044 | 42.5% |
| 369 DE WOLF PL | 2025-05 | $580,000 | 1,025 | 69.0% |
| 220 LINCOLN ST | 2025-02 | $550,000 | 862 | 52.6% |
| 159 BERDAN PL | 2025-09 | $310,000 | 1,081 | 74.1% |
| 321-323 SIMONS AVE | 2025-11 | $518,972 | 1,268 | 67.0% |
| 99 TROAST ST | 2025-10 | $630,000 | 1,312 | 58.8% |
| 90 PROSPECT AVE | 2025-07 | $285,000 | 1,004 | 73.0% |
| 335 PARKER AVE | 2025-05 | $450,000 | 1,332 | 76.7% |
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