The Fair Share Report

25 Jefferson St

Hackensack, NJ 07640

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

≈ $284,522

Likely range $259,204 – $305,953, from 12 comparable Hackensack sales in the past 18 months, at this home's 818 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 $284,522 home should be assessed near $212,197.

Step 3 · Assessed value

$209,400

Set at the last town-wide revaluation and mostly frozen since. That's $2,797 below what the ratio math suggests (1.3%).

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

$6,720/yr
Public schools$3,052
Bergen County$610
Town of Hackensack$3,058
Hackensack average$10,305

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

Town median 66.5%
This home · 73.6%

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
300 LOOKOUT AVE2025-04$283,00082770.1%
300 LOOKOUT AVE2025-03$338,00076957.0%
208 ANDERSON ST2026-04$245,00080065.7%
208 ANDERSON ST2025-08$253,50080064.0%
208 ANDERSON ST2025-06$290,00080069.1%
208 ANDERSON ST2025-02$252,00080063.9%
20 JEFFERSON ST.2025-03$288,00077070.8%
25 GRAND AVE.2025-10$280,00079875.6%
140 EUCLID AVE.2026-04$320,00096065.7%
140 EUCLID AVE.2025-12$315,00096066.7%
25 GRAND AVE.2025-07$240,00079889.0%
20 JEFFERSON ST.2026-04$395,5001,05863.5%

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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 →