The Fair Share Report
268 Kipp St
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $302,120 – $345,676, from 12 comparable Hackensack sales in the past 18 months, at this home's 855 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Hackensack assessments sit below market value — republished every October, applied town-wide. A $312,805 home should be assessed near $233,290.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $4,190 below what the ratio math suggests (1.8%).
Step 4 · The tax rate — same for every Hackensack home
$1.457 Schools · 45% $0.291 County · 9% $1.460 Town · 46%
Step 5 · The bill
This home vs. every recent Hackensack sale · assessed ÷ market
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 10 ORCHARD ST | 2025-08 | $300,000 | 849 | 71.1% |
| 10 ORCHARD ST. | 2025-06 | $300,000 | 849 | 70.1% |
| 31 FAIRMOUNT AVE. | 2025-09 | $433,750 | 810 | 54.0% |
| 300 PARK ST. | 2026-01 | $380,000 | 924 | 55.9% |
| 300 PARK ST. | 2025-10 | $360,000 | 984 | 60.6% |
| 446 PASSAIC ST. | 2025-11 | $335,000 | 750 | 53.9% |
| 281 PARK ST. | 2025-01 | $247,500 | 801 | 70.3% |
| 5 LINDEN ST | 2025-07 | $267,000 | 823 | 71.0% |
| 50 EUCLID AVE. | 2025-11 | $290,000 | 797 | 68.0% |
| 115 POLIFLY RD. | 2026-04 | $320,000 | 838 | 58.3% |
| 115 POLIFLY RD. | 2025-10 | $332,000 | 838 | 58.7% |
| 31 FAIRMOUNT AVE. | 2026-03 | $395,000 | 977 | 68.8% |
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