The Fair Share Report

160 Pine St

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

≈ $408,364

Likely range $298,126 – $548,650, 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 $408,364 home should be assessed near $304,558.

Step 3 · Assessed value

$287,800

Set at the last town-wide revaluation and mostly frozen since. That's $16,758 below what the ratio math suggests (5.5%).

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

$9,236/yr
Public schools$4,195
Bergen County$838
Town of Hackensack$4,203
Hackensack average$10,305

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

Town median 66.5%
This home · 70.5%

47%102%

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
220 LINCOLN ST2025-02$550,00086252.6%
303 HAMILTON PL2026-04$330,00091053.2%
216 LINCOLN ST2025-02$515,50087053.6%
233-35 WASHINGTON AVE.2025-05$752,0001,04442.5%
493 W ANDERSON ST2025-10$499,00082431.9%
303 HAMILTON PL2025-10$275,00074157.0%
114 OLD HOBOKEN RD2025-02$1,099,00068.2%
325 SIMONS AVE2025-02$535,0001,12864.1%
303 HAMILTON PL2025-07$416,1001,09648.0%
192 LINCOLN ST2025-01$460,00085866.9%
300 LOOKOUT AVE2025-04$283,00082770.1%
159 BERDAN PL2025-09$310,0001,08174.1%

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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 →