The Fair Share Report

150 Overlook Ave

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

≈ $400,000

Likely range $365,168 – $470,427, from 12 comparable Hackensack sales in the past 18 months, at this home's 1,280 sq ft.

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 $400,000 home should be assessed near $298,320.

Step 3 · Assessed value

$404,100

Set at the last town-wide revaluation and mostly frozen since. That's $105,780 above what the ratio math suggests (35.5%).

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

$12,968/yr
Public schools$5,890
Bergen County$1,176
Town of Hackensack$5,902
Hackensack average$10,305

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

Town median 66.5%
This home · 101.0%

49%116%

Looks meaningfully over-assessed

Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (85.77%) — roughly $3,393/yr at stake. NJ appeals are generally due April 1.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
235 PROSPECT AVE.2025-07$450,0001,28058.4%
235 PROSPECT AVE.2025-06$400,0001,28061.1%
140 EUCLID AVE.2025-12$352,0001,17072.4%
140 EUCLID AVE.2025-12$364,9001,17064.4%
140 EUCLID AVE.2025-08$431,0001,17059.2%
140 EUCLID AVE.2025-07$435,0001,17058.6%
140 EUCLID AVE.2025-02$430,0001,17061.9%
307 PROSPECT AVE2026-02$445,0001,22663.8%
62 FREDERICK ST2026-05$589,0001,22750.8%
235 PROSPECT AVE.2025-07$314,3871,10273.8%
90 PROSPECT AVE2025-04$296,0001,11159.6%
90 PROSPECT AVE2026-04$290,0001,11162.7%

Is this your house?

Run your own report →

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 →