The Fair Share Report
282 Lookout Ave
Hackensack, NJ 07604
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 $476,359 – $706,043, from 12 comparable Hackensack sales in the past 18 months (home size estimated from assessor data — range widened).
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 $653,506 home should be assessed near $487,385.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $31,185 below what the ratio math suggests (6.4%).
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%101%
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 |
|---|---|---|---|---|
| 90 PROSPECT AVE | 2025-09 | $355,000 | 1,812 | 73.9% |
| 181 ALLEN ST | 2026-05 | $675,000 | 1,768 | 82.2% |
| 90 PROSPECT AVE | 2025-04 | $430,000 | 1,704 | 52.8% |
| 114 OLD HOBOKEN RD | 2025-02 | $1,099,000 | — | 68.2% |
| 136 ELM AVE | 2025-01 | $460,000 | 1,604 | 87.9% |
| 431 BLANCHARD TERR | 2026-06 | $670,000 | 1,644 | 61.8% |
| 54 WILLOW AVE | 2025-02 | $775,000 | 1,864 | 73.4% |
| 137 BYRNE ST | 2026-04 | $750,000 | 1,961 | 57.0% |
| 184 HIGH ST | 2025-11 | $928,000 | 1,798 | 60.9% |
| 383 HAYNES ST | 2025-10 | $790,000 | 2,022 | 51.8% |
| 392 TAYLOR AVE | 2025-01 | $720,000 | 2,100 | 51.4% |
| 378 LOOKOUT AVE | 2025-12 | $580,000 | 1,486 | 58.3% |
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