The Fair Share Report

272 High 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.

Step 1 · Market value

≈ $587,639

Likely range $464,942 – $661,952, 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 $587,639 home should be assessed near $438,261.

Step 3 · Assessed value

$366,600

Set at the last town-wide revaluation and mostly frozen since. That's $71,661 below what the ratio math suggests (16.4%).

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

$11,764/yr
Public schools$5,343
Bergen County$1,067
Town of Hackensack$5,354
Hackensack average$10,305

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

Town median 66.5%
This home · 62.4%

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
27-29 MARTIN TERR2026-03$850,0001,72660.4%
114 LODI ST2025-09$493,0001,74865.9%
177 HIGH ST2025-09$510,0001,52062.2%
253 SUTTON AVE2025-11$538,0001,67871.3%
345 FIRST ST.2025-01$430,0001,69171.9%
88 SUSSEX ST2025-09$550,0001,62251.4%
34 EMERALD ST2025-01$400,0001,46180.5%
131 DAVIS AVE2025-11$581,0001,64962.0%
131 DAVIS AVE2025-06$380,0001,64994.8%
31 VANDERBECK PL2025-08$540,0001,46062.2%
122 DAVIS AVE2025-07$610,0001,66862.7%
298 THIRD ST.2026-02$599,0001,82848.9%

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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 →