The Fair Share Report

194 Ross 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

≈ $551,784

Likely range $332,519 – $667,555, 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 $551,784 home should be assessed near $411,521.

Step 3 · Assessed value

$376,400

Set at the last town-wide revaluation and mostly frozen since. That's $35,121 below what the ratio math suggests (8.5%).

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

$12,079/yr
Public schools$5,486
Bergen County$1,096
Town of Hackensack$5,497
Hackensack average$10,305

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

Town median 66.5%
This home · 68.2%

49%119%

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
114 OLD HOBOKEN RD2025-02$1,099,00068.2%
306 MARY ST2026-04$615,0001,25458.4%
262 SPRING VALLEY AVE.2026-05$680,0001,25050.2%
42 LONGVIEW AVE2026-05$605,0001,44057.1%
378 LOOKOUT AVE2025-12$580,0001,48658.3%
248 PARKER AVE2025-04$575,0001,38752.8%
105 ALLEN ST2026-02$600,0001,23865.8%
55 ROWLAND AVE2025-09$599,9001,25454.5%
140 WILSON ST2025-12$615,0001,16856.5%
90 PROSPECT AVE2026-04$290,0001,11162.7%
163 KENT ST2026-01$555,0001,53664.7%
208 ANDERSON ST2026-04$299,0001,10068.7%

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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 →