The Fair Share Report
2 Summit Ct
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 $627,173 – $792,449, 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 $687,428 home should be assessed near $512,684.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $23,384 below what the ratio math suggests (4.6%).
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%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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 13 ZABRISKIE ST | 2025-11 | $530,000 | 1,710 | 70.3% |
| 17 ZABRISKIE ST | 2025-10 | $595,000 | 1,710 | 63.5% |
| 308 HAMILTON PL | 2025-07 | $550,000 | 1,650 | 70.9% |
| 114 OLD HOBOKEN RD | 2025-02 | $1,099,000 | — | 68.2% |
| 54 POLIFLY RD | 2025-02 | $460,000 | 1,590 | 74.5% |
| 485 GARDNER PL | 2025-03 | $640,000 | 1,539 | 66.5% |
| 150 GRAND AVE | 2026-05 | $542,700 | 1,497 | 55.3% |
| 150 GRAND AVE. | 2025-07 | $520,000 | 1,497 | 65.6% |
| 127 POPLAR AVE | 2025-11 | $708,888 | 1,944 | 56.8% |
| 258 CLINTON PL | 2026-06 | $790,000 | 2,025 | 60.6% |
| 168-70 CLAY ST | 2026-04 | $910,000 | 2,070 | 49.4% |
| 172 BERRY ST | 2025-05 | $625,000 | 1,943 | 51.9% |
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