The Fair Share Report

252 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.

Step 1 · Market value

≈ $714,716

Likely range $513,662 – $767,339, from 12 comparable Hackensack sales in the past 18 months, at this home's 1,964 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 $714,716 home should be assessed near $533,035.

Step 3 · Assessed value

$586,400

Set at the last town-wide revaluation and mostly frozen since. That's $53,365 above what the ratio math suggests (10.0%).

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

$18,818/yr
Public schools$8,547
Bergen County$1,707
Town of Hackensack$8,564
Hackensack average$10,305

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

Town median 66.5%
This home · 82.0%

49%120%

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
137 BYRNE ST2026-04$750,0001,96157.0%
90 PROSPECT AVE2025-09$355,0001,81273.9%
90 PROSPECT AVE2025-04$430,0001,70452.8%
205 DAVIS AVE2026-03$970,0002,41356.1%
131 ALLEN ST2025-10$875,0002,09055.4%
247-255 CEDAR AVE2026-04$612,0002,34075.8%
824 SUMMIT AVE2026-03$730,0002,00665.3%
165 PINE ST2026-02$875,0002,11856.1%
174 CLAY ST2025-12$830,0002,26250.9%
383 HAYNES ST2025-10$790,0002,02251.8%
158 ROSS AVE2025-07$679,0002,06861.0%
181 ALLEN ST2026-05$675,0001,76882.2%

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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 →