The Fair Share Report

296 Berry 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

≈ $624,035

Likely range $461,815 – $788,845, 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 $624,035 home should be assessed near $465,405.

Step 3 · Assessed value

$414,200

Set at the last town-wide revaluation and mostly frozen since. That's $51,205 below what the ratio math suggests (11.0%).

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%

This home's own bill implies $3.149 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$13,042/yr
Public schools$5,923
Bergen County$1,183
Town of Hackensack$5,935
Hackensack average$10,305

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

Town median 66.5%
This home · 66.4%

47%95%

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
280 CENTRAL AVE2026-02$510,0002,03250.3%
172 BERRY ST2025-05$625,0001,94351.9%
298 THIRD ST.2026-02$599,0001,82848.9%
125 KANSAS ST2025-11$599,0001,96461.0%
195 STANLEY PL2025-08$705,0001,70157.1%
309 LOOKOUT AVE2025-12$600,0001,97571.6%
119 KANSAS ST2025-01$599,0001,70853.8%
115 FAIRMOUNT AVE2025-10$780,0002,07153.5%
258 CLINTON PL2026-06$790,0002,02560.6%
345 FIRST ST.2025-01$430,0001,69171.9%
212 SO MAIN ST2026-04$840,0002,12446.4%
123 KANSAS ST2025-10$700,0002,18455.7%

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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 →