The Fair Share Report
293 Herman 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 $276,270 – $522,751, 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 $378,231 home should be assessed near $282,085.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $83,915 above what the ratio math suggests (29.7%).
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%138%
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 |
|---|---|---|---|---|
| 44 WORTH ST. | 2025-05 | $590,000 | 1,061 | 53.0% |
| 303 HAMILTON PL | 2025-07 | $416,100 | 1,096 | 48.0% |
| 159 BERDAN PL | 2025-09 | $310,000 | 1,081 | 74.1% |
| 369 DE WOLF PL | 2025-05 | $580,000 | 1,025 | 69.0% |
| 325 SIMONS AVE | 2025-02 | $535,000 | 1,128 | 64.1% |
| 178 FAIRMOUNT AVE | 2025-11 | $584,000 | 1,248 | 60.4% |
| 311 STANDISH AVE | 2025-11 | $580,000 | 1,131 | 56.0% |
| 303 HAMILTON PL | 2026-04 | $330,000 | 910 | 53.2% |
| 378 MARVIN AVE | 2025-05 | $510,000 | 1,152 | 124.3% |
| 90 PROSPECT AVE | 2025-09 | $249,500 | 1,004 | 77.3% |
| 90 PROSPECT AVE | 2025-07 | $285,000 | 1,004 | 73.0% |
| 90 PROSPECT AVE | 2025-05 | $275,000 | 1,004 | 65.2% |
Is this your house?
Run your own report →