The Fair Share Report
235 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 $231,429 – $269,016, from 12 comparable Hackensack sales in the past 18 months, at this home's 678 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 $245,430 home should be assessed near $183,042.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $23,958 above what the ratio math suggests (13.1%).
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%95%
A touch high — worth watching
This home's ratio sits above most of Hackensack, but doesn't clear NJ's legal appeal line (85.77%).
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 300 LOOKOUT AVE | 2025-09 | $285,000 | 650 | 63.7% |
| 150 OVERLOOK AVE | 2025-05 | $265,000 | 716 | 76.5% |
| 150 OVERLOOK AVE | 2025-05 | $310,000 | 780 | 68.4% |
| 150 OVERLOOK AVE | 2025-04 | $275,000 | 791 | 77.5% |
| 150 OVERLOOK AVE | 2025-04 | $286,000 | 791 | 73.8% |
| 150 OVERLOOK AVE | 2026-04 | $285,000 | 791 | 63.2% |
| 300 LOOKOUT AVE | 2025-03 | $338,000 | 769 | 57.0% |
| 150 OVERLOOK AVE | 2026-02 | $270,000 | 791 | 75.9% |
| 150 OVERLOOK AVE | 2025-08 | $249,000 | 791 | 80.9% |
| 307 PROSPECT AVE | 2025-05 | $270,000 | 838 | 75.6% |
| 307 PROSPECT AVE | 2025-01 | $332,500 | 838 | 68.6% |
| 307 PROSPECT AVE | 2026-05 | $320,000 | 884 | 63.8% |
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