The Fair Share Report
197 Central Ave
Hackensack, NJ 07624
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 $635,916 – $758,538, from 12 comparable Hackensack sales in the past 18 months, at this home's 2,180 sq ft.
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 $725,377 home should be assessed near $540,986.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $191,386 below what the ratio math suggests (35.4%).
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
41%91%
Keep quiet and enjoy it
This home's assessment ratio sits below the Hackensack 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 |
|---|---|---|---|---|
| 337 HUDSON ST | 2026-03 | $625,000 | 2,185 | 51.8% |
| 242 THIRD ST. | 2025-05 | $640,000 | 2,194 | 54.7% |
| 392 TAYLOR AVE | 2025-01 | $720,000 | 2,100 | 51.4% |
| 128 OLD HOBOKEN RD. | 2025-10 | $950,000 | 2,868 | 53.1% |
| 121 SUSSEX ST | 2025-01 | $425,000 | 2,197 | 83.8% |
| 280 CENTRAL AVE | 2026-02 | $510,000 | 2,032 | 50.3% |
| 190 CENTRAL AVE | 2025-12 | $825,000 | 2,208 | 51.6% |
| 483 PARKER AVE | 2025-10 | $769,000 | 2,258 | 63.5% |
| 123 KANSAS ST | 2025-10 | $700,000 | 2,184 | 55.7% |
| 13 ZABRISKIE ST | 2025-11 | $530,000 | 1,710 | 70.3% |
| 17 ZABRISKIE ST | 2025-10 | $595,000 | 1,710 | 63.5% |
| 232-34 WASHINGTON AVE. | 2025-01 | $770,000 | 2,226 | 56.8% |
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