The Fair Share Report

181 Cedar 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

≈ $536,563

Likely range $486,289 – $592,928, 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 $536,563 home should be assessed near $400,169.

Step 3 · Assessed value

$350,200

Set at the last town-wide revaluation and mostly frozen since. That's $49,969 below what the ratio math suggests (12.5%).

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

$11,238/yr
Public schools$5,104
Bergen County$1,019
Town of Hackensack$5,115
Hackensack average$10,305

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

Town median 66.5%
This home · 65.3%

49%91%

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
55 ROWLAND AVE2025-09$599,9001,25454.5%
378 MARVIN AVE2025-05$510,0001,152124.3%
321-323 SIMONS AVE2025-11$518,9721,26867.0%
311 STANDISH AVE2025-11$580,0001,13156.0%
325 SIMONS AVE2025-02$535,0001,12864.1%
99 TROAST ST2025-10$630,0001,31258.8%
178 FAIRMOUNT AVE2025-11$584,0001,24860.4%
248 PARKER AVE2025-04$575,0001,38752.8%
335 PARKER AVE2025-05$450,0001,33276.7%
811 SUMMIT AVE2026-01$605,0001,46059.6%
306 MARY ST2026-04$615,0001,25458.4%
105 ALLEN ST2026-02$600,0001,23865.8%

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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 →