The Fair Share Report
244 Cedar 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 $510,480 – $791,130, 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 $665,258 home should be assessed near $496,149.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $5,249 below what the ratio math suggests (1.1%).
Step 4 · The tax rate — same for every Hackensack home
$1.457 Schools · 45% $0.291 County · 9% $1.460 Town · 46%
This home's own bill implies $3.158 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Hackensack sale · assessed ÷ market
49%102%
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 |
|---|---|---|---|---|
| 27-29 MARTIN TERR | 2026-03 | $850,000 | 1,726 | 60.4% |
| 194 LOUIS ST | 2025-07 | $690,000 | 1,724 | 60.9% |
| 37 KANSAS ST | 2025-09 | $620,000 | 1,674 | 60.1% |
| 90 PROSPECT AVE | 2025-04 | $430,000 | 1,704 | 52.8% |
| 165 PINE ST | 2026-02 | $875,000 | 2,118 | 56.1% |
| 90 PROSPECT AVE | 2025-09 | $355,000 | 1,812 | 73.9% |
| 89 SUSSEX ST | 2025-07 | $455,000 | 1,720 | 75.9% |
| 4 FRANKLIN PL | 2026-03 | $650,000 | 1,704 | 51.9% |
| 294 PASSAIC ST | 2025-04 | $610,000 | 1,754 | 58.8% |
| 137 BYRNE ST | 2026-04 | $750,000 | 1,961 | 57.0% |
| 317 KAPLAN AVE. | 2025-12 | $850,000 | 1,764 | 75.8% |
| 13 ZABRISKIE ST | 2025-11 | $530,000 | 1,710 | 70.3% |
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