The Fair Share Report

259 Kaplan 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

≈ $720,557

Likely range $574,247 – $784,432, 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 $720,557 home should be assessed near $537,391.

Step 3 · Assessed value

$439,900

Set at the last town-wide revaluation and mostly frozen since. That's $97,491 below what the ratio math suggests (18.1%).

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

$14,116/yr
Public schools$6,411
Bergen County$1,281
Town of Hackensack$6,425
Hackensack average$10,305

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

Town median 66.5%
This home · 61.0%

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
137 BYRNE ST2026-04$750,0001,96157.0%
140 DAVIS AVE.2026-02$675,0001,96561.9%
258 ROSS AVE2026-05$705,0001,91158.7%
137 AMES ST.2025-09$590,0001,95666.9%
383 HAYNES ST2025-10$790,0002,02251.8%
184 HIGH ST2025-11$928,0001,79860.9%
54 WILLOW AVE2025-02$775,0001,86473.4%
823 SUMMIT AVE2025-01$585,0001,84068.1%
165 PINE ST2026-02$875,0002,11856.1%
114 OLD HOBOKEN RD2025-02$1,099,00068.2%
309 LOOKOUT AVE2025-12$600,0001,97571.6%
125 KANSAS ST2025-11$599,0001,96461.0%

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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 →