The Fair Share Report

283 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.

Step 1 · Market value

≈ $524,785

Likely range $431,977 – $647,052, 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 $524,785 home should be assessed near $391,385.

Step 3 · Assessed value

$324,500

Set at the last town-wide revaluation and mostly frozen since. That's $66,885 below what the ratio math suggests (17.1%).

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

$10,413/yr
Public schools$4,729
Bergen County$945
Town of Hackensack$4,739
Hackensack average$10,305

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

Town median 66.5%
This home · 61.8%

45%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
119 POPLAR AVE2025-06$465,0001,36373.9%
113 JOHN ST2025-03$580,0001,41647.3%
50 SPRING VALLEY AVE.2025-09$550,0001,39666.4%
189 HERMAN ST2025-10$705,0001,40854.3%
335 PARKER AVE2025-05$450,0001,33276.7%
178 FAIRMOUNT AVE2025-11$584,0001,24860.4%
99 TROAST ST2025-10$630,0001,31258.8%
363 KAPLAN AVE2025-12$505,0001,51464.3%
89 SUSSEX ST2025-07$455,0001,72075.9%
37 KANSAS ST2025-09$620,0001,67460.1%
321-323 SIMONS AVE2025-11$518,9721,26867.0%
392 LOOKOUT AVE2025-02$700,0001,47949.2%

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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 →