The Fair Share Report

219 Charles St

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

≈ $342,226

Likely range $322,516 – $394,899, from 12 comparable Hackensack sales in the past 18 months, at this home's 1,072 sq ft.

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 $342,226 home should be assessed near $255,232.

Step 3 · Assessed value

$242,700

Set at the last town-wide revaluation and mostly frozen since. That's $12,532 below what the ratio math suggests (4.9%).

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

$7,788/yr
Public schools$3,537
Bergen County$706
Town of Hackensack$3,545
Hackensack average$10,305

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

Town median 66.5%
This home · 70.9%

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
326 PROSPECT AVE2026-05$335,0001,15976.0%
326 PROSPECT AVE.2025-04$335,0001,15977.3%
326 PROSPECT AVE2026-05$370,0001,15967.3%
326 PROSPECT AVE.2026-04$345,0001,15971.4%
326 PROSPECT AVE.2025-10$360,0001,15969.2%
326 PROSPECT AVE2025-07$350,0001,15983.2%
62 FREDERICK ST2026-05$589,0001,22750.8%
140 EUCLID AVE.2025-12$352,0001,17072.4%
140 EUCLID AVE.2025-12$364,9001,17064.4%
140 EUCLID AVE.2025-08$431,0001,17059.2%
140 EUCLID AVE.2025-07$435,0001,17058.6%
140 EUCLID AVE.2025-02$430,0001,17061.9%

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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 →