The Fair Share Report
218 Prospect 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $269,372 – $330,333, from 12 comparable Hackensack sales in the past 18 months, at this home's 991 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 $287,390 home should be assessed near $214,335.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $35,435 below what the ratio math suggests (16.5%).
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 |
|---|---|---|---|---|
| 90 PROSPECT AVE | 2025-07 | $285,000 | 1,004 | 73.0% |
| 140 EUCLID AVE. | 2026-04 | $320,000 | 960 | 65.7% |
| 140 EUCLID AVE. | 2025-12 | $315,000 | 960 | 66.7% |
| 208 ANDERSON ST | 2026-04 | $299,000 | 1,100 | 68.7% |
| 208 ANDERSON ST | 2025-08 | $318,000 | 1,100 | 77.9% |
| 208 ANDERSON ST | 2025-03 | $310,000 | 1,100 | 76.3% |
| 208 ANDERSON ST | 2025-03 | $280,000 | 1,100 | 73.3% |
| 208 ANDERSON ST | 2025-03 | $319,000 | 1,100 | 78.2% |
| 90 PROSPECT AVE | 2026-04 | $290,000 | 1,111 | 62.7% |
| 300 LOOKOUT AVE | 2025-04 | $283,000 | 827 | 70.1% |
| 55 CLINTON PL. | 2025-04 | $325,000 | 955 | 66.4% |
| 344 PROSPECT AVE. | 2025-09 | $240,000 | 1,039 | 90.4% |
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