The Fair Share Report

263 Ross 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

≈ $644,156

Likely range $562,212 – $667,558, 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 $644,156 home should be assessed near $480,412.

Step 3 · Assessed value

$421,300

Set at the last town-wide revaluation and mostly frozen since. That's $59,112 below what the ratio math suggests (12.3%).

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

$13,520/yr
Public schools$6,140
Bergen County$1,226
Town of Hackensack$6,153
Hackensack average$10,305

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

Town median 66.5%
This home · 65.4%

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
114 OLD HOBOKEN RD2025-02$1,099,00068.2%
246 ROSS AVE2026-02$620,0001,54059.4%
811 SUMMIT AVE2026-01$605,0001,46059.6%
40 COLES AVE2025-07$670,0001,74065.5%
64 DAVIS AV2026-06$680,0001,53258.2%
78 HERMAN ST2025-08$325,0001,480105.4%
4 FRANKLIN PL2026-03$650,0001,70451.9%
823 SUMMIT AVE2025-01$585,0001,84068.1%
88 CATALPA AVE.2025-06$620,0001,49962.5%
317 KAPLAN AVE.2025-12$850,0001,76475.8%
431 BLANCHARD TERR2026-06$670,0001,64461.8%
258 ROSS AVE2026-05$705,0001,91158.7%

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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 →