The Fair Share Report
159 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 $1,742,020 – $2,506,485, from 12 comparable Hoboken sales in the past 18 months, at this home's 2,016 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 $2,084,178 home should be assessed near $1,214,659.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $339,259 below what the ratio math suggests (27.9%).
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
29%73%
Keep quiet and enjoy it
This home's assessment ratio sits below the Hoboken pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 806 BLOOMFIELD ST | 2025-08 | $2,117,260 | 2,048 | 50.3% |
| 1034 GARDEN ST | 2025-10 | $2,550,000 | 2,051 | 51.7% |
| 1107 WILLOW AVE | 2026-04 | $1,704,000 | 1,972 | 48.5% |
| 300 NEWARK ST | 2025-07 | $1,675,000 | 2,137 | 64.7% |
| 207 SEVENTH ST | 2025-07 | $2,185,000 | 1,864 | 48.5% |
| 939 GARDEN ST | 2025-08 | $1,650,000 | 1,863 | 72.3% |
| 107 SEVENTH ST | 2025-11 | $1,550,000 | 1,836 | 69.0% |
| 1233 BLOOMFIELD ST. | 2025-10 | $2,600,000 | 1,882 | 53.0% |
| 1029 BLOOMFIELD ST | 2025-11 | $2,985,000 | 2,025 | 47.6% |
| 820 BLOOMFIELD ST | 2026-04 | $2,775,000 | 2,025 | 46.7% |
| 136 GARDEN ST | 2025-02 | $1,550,000 | 1,860 | 45.5% |
| 305 PARK AVE | 2026-01 | $1,950,000 | 2,025 | 64.9% |
Is this your house?
Run your own report →