The Fair Share Report
238 Fairmount 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 $730,645 – $950,118, 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 $808,897 home should be assessed near $603,275.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $12,125 above what the ratio math suggests (2.0%).
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 |
|---|---|---|---|---|
| 128 OLD HOBOKEN RD. | 2025-10 | $950,000 | 2,868 | 53.1% |
| 209 PASSAIC ST | 2026-05 | $750,000 | 2,774 | 62.6% |
| 119 UNION ST | 2026-01 | $780,000 | 2,900 | 60.6% |
| 190 CENTRAL AVE | 2025-12 | $825,000 | 2,208 | 51.6% |
| 129 HUDSON ST | 2025-11 | $750,000 | 2,254 | 61.5% |
| 413 ESSEX ST | 2025-01 | $900,000 | 2,504 | 54.8% |
| 146 HOBART ST | 2025-12 | $590,000 | 2,484 | 65.6% |
| 242 THIRD ST. | 2025-05 | $640,000 | 2,194 | 54.7% |
| 337 HUDSON ST | 2026-03 | $625,000 | 2,185 | 51.8% |
| 136-38 PINE ST | 2025-06 | $850,000 | 2,396 | 58.9% |
| 225 CATALPA AVE | 2025-12 | $800,000 | 2,550 | 65.1% |
| 256 SECOND ST. | 2025-09 | $735,000 | 3,220 | 71.8% |
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