The Fair Share Report

273 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.

Step 1 · Market value

≈ $871,379

Likely range $797,177 – $933,962, from 12 comparable Hackensack sales in the past 18 months, at this home's 2,442 sq ft.

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 $871,379 home should be assessed near $649,874.

Step 3 · Assessed value

$511,500

Set at the last town-wide revaluation and mostly frozen since. That's $138,374 below what the ratio math suggests (21.3%).

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

$16,414/yr
Public schools$7,455
Bergen County$1,489
Town of Hackensack$7,470
Hackensack average$10,305

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

Town median 66.5%
This home · 58.7%

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
162 ROSS AVE2025-01$815,0002,28457.5%
824 SUMMIT AVE2026-03$730,0002,00665.3%
174 CLAY ST2025-12$830,0002,26250.9%
247-255 CEDAR AVE2026-04$612,0002,34075.8%
131 ALLEN ST2025-10$875,0002,09055.4%
205 DAVIS AVE2026-03$970,0002,41356.1%
140 HOPPER ST.2025-01$850,0002,38858.1%
410 HUDSON ST2026-06$213,0002,371195.1%
137 BYRNE ST2026-04$750,0001,96157.0%
413 ESSEX ST2025-01$900,0002,50454.8%
158 ROSS AVE2025-07$679,0002,06861.0%
483 PARKER AVE2025-10$769,0002,25863.5%

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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 →