The Fair Share Report
157 Third St
Hoboken, NJ 07030
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 $1,163,793 – $1,598,746, from 12 comparable Hoboken sales in the past 18 months, at this home's 1,500 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Hoboken assessments sit below market value — republished every October, applied town-wide. A $1,285,000 home should be assessed near $748,898.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $138,098 below what the ratio math suggests (18.4%).
Step 4 · The tax rate — same for every Hoboken home
$0.557 Schools · 31% $0.591 County · 33% $0.657 Town · 36%
Step 5 · The bill
This home vs. every recent Hoboken sale · assessed ÷ market
33%73%
Paying about right
This home's ratio lands inside Hoboken'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 |
|---|---|---|---|---|
| 456 NINTH ST | 2025-01 | $1,285,000 | 1,500 | 54.7% |
| 531 BLOOMFIELD ST | 2025-09 | $1,160,000 | 1,490 | 55.8% |
| 204 GARDEN ST | 2025-12 | $1,319,000 | 1,525 | 60.0% |
| 132 BLOOMFIELD ST | 2026-05 | $1,102,000 | 1,452 | 62.8% |
| 456 NINTH ST | 2026-06 | $1,215,000 | 1,566 | 55.4% |
| 456 NINTH ST | 2025-04 | $999,999 | 1,566 | 67.0% |
| 161 12TH ST | 2026-05 | $2,750,000 | 1,428 | 39.3% |
| 161 12TH ST | 2025-11 | $2,510,000 | 1,428 | 43.0% |
| 908 GARDEN ST | 2025-08 | $1,700,000 | 1,595 | 42.5% |
| 413 JEFFERSON ST | 2026-03 | $1,350,000 | 1,404 | 48.6% |
| 222 CLINTON ST | 2026-06 | $1,555,000 | 1,400 | 50.2% |
| 123 WILLOW COURT | 2025-11 | $1,390,000 | 1,470 | 45.0% |
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