The Fair Share Report

256 Standish

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

≈ $296,270

Likely range $224,170 – $391,674, 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 $296,270 home should be assessed near $220,958.

Step 3 · Assessed value

$167,000

Set at the last town-wide revaluation and mostly frozen since. That's $53,958 below what the ratio math suggests (24.4%).

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

$5,359/yr
Public schools$2,434
Bergen County$486
Town of Hackensack$2,439
Hackensack average$10,305

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

Town median 66.5%
This home · 56.4%

37%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
114 OLD HOBOKEN RD2025-02$1,099,00068.2%
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%
303 HAMILTON PL2025-10$275,00074157.0%
300 LOOKOUT AVE2025-09$285,00065063.7%
192 LINCOLN ST2025-01$460,00085866.9%
300 LOOKOUT AVE2025-03$338,00076957.0%
493 W ANDERSON ST2025-10$499,00082431.9%
369 DE WOLF PL2025-05$580,0001,02569.0%
300 LOOKOUT AVE2025-04$283,00082770.1%

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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 →