The Fair Share Report

240 Clinton Pl

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

≈ $877,556

Likely range $803,976 – $1,005,043, from 12 comparable Hackensack sales in the past 18 months (home size estimated from assessor data — range widened).

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 $877,556 home should be assessed near $654,481.

Step 3 · Assessed value

$796,400

Set at the last town-wide revaluation and mostly frozen since. That's $141,919 above what the ratio math suggests (21.7%).

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%

This home's own bill implies $3.123 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$24,870/yr
Public schools$11,295
Bergen County$2,256
Town of Hackensack$11,319
Hackensack average$10,305

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

Town median 66.5%
This home · 90.8%

49%105%

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)

AddressSoldPriceSq ftRatio
436 SUMMIT AVE2025-08$793,0003,32791.4%
194 KRONE PL2025-07$980,0003,43255.1%
380 MAPLE HILL DR2025-06$879,0003,59776.6%
269 POPLAR AVE2025-11$750,0002,93464.0%
69 ROSS AVE2026-02$935,0002,61049.5%
69 ROSS AVE2025-06$500,0002,61092.5%
208 CLINTON PL2025-03$755,0002,79368.7%
403 SUMMIT AVE2026-01$999,9993,00880.3%
256 SECOND ST.2025-09$735,0003,22071.8%
165 PINE ST2026-02$875,0002,11856.1%
205 DAVIS AVE2026-03$970,0002,41356.1%
410 HUDSON ST2026-06$213,0002,371195.1%

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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 →