The Fair Share Report
162 Buckingham Dr
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 $427,302 – $674,092, 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 $495,884 home should be assessed near $369,830.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $97,770 above what the ratio math suggests (26.4%).
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
49%115%
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 |
|---|---|---|---|---|
| 90 PROSPECT AVE | 2025-04 | $430,000 | 1,704 | 52.8% |
| 90 PROSPECT AVE | 2026-03 | $465,000 | 1,812 | 56.1% |
| 90 PROSPECT AVE | 2025-09 | $355,000 | 1,812 | 73.9% |
| 181 ALLEN ST | 2026-05 | $675,000 | 1,768 | 82.2% |
| 136 ELM AVE | 2025-01 | $460,000 | 1,604 | 87.9% |
| 344 PROSPECT AVE. | 2026-03 | $328,000 | 1,664 | 87.8% |
| 160 OVERLOOK AVE. | 2025-06 | $425,000 | 1,504 | 88.7% |
| 245 PROSPECT AVE | 2026-05 | $619,000 | 1,662 | 66.5% |
| 245 PROSPECT AVE | 2026-04 | $599,999 | 1,662 | 67.8% |
| 245 PROSPECT AVE | 2026-02 | $480,000 | 1,662 | 74.2% |
| 245 PROSPECT AVE | 2025-10 | $675,000 | 1,662 | 59.7% |
| 245 PROSPECT AVE | 2025-08 | $525,000 | 1,662 | 76.3% |
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