The Fair Share Report
280 Union 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 $241,569 – $320,508, from 12 comparable Hackensack sales in the past 18 months, at this home's 732 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 $256,825 home should be assessed near $191,540.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $8,960 above what the ratio math suggests (4.7%).
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 |
|---|---|---|---|---|
| 89 KANSAS ST | 2025-06 | $295,000 | 717 | 51.6% |
| 446 PASSAIC ST. | 2025-11 | $335,000 | 750 | 53.9% |
| 279 CLARK ST. | 2026-04 | $310,000 | 708 | 61.7% |
| 281 PARK ST. | 2025-02 | $267,000 | 761 | 63.8% |
| 5 LINDEN ST | 2025-01 | $265,000 | 761 | 68.8% |
| 281 PARK ST. | 2025-04 | $235,000 | 703 | 73.0% |
| 5 LINDEN ST. | 2025-10 | $287,000 | 766 | 63.7% |
| 301 BEECH ST | 2026-02 | $440,000 | — | 2.5% |
| 446 PASSAIC ST. | 2026-06 | $315,000 | 690 | 56.1% |
| CONDO | 2025-10 | $210,206 | 675 | 86.3% |
| 5 LINDEN ST. | 2025-11 | $278,000 | 793 | 66.9% |
| 5 LINDEN ST | 2025-05 | $240,000 | 793 | 77.5% |
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