The Fair Share Report

301 Beech 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

≈ $483,749

Likely range $453,352 – $501,551, from 12 comparable Hackensack sales in the past 18 months, at this home's 1,349 sq ft.

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 $483,749 home should be assessed near $360,780.

Step 3 · Assessed value

$11,000

Set at the last town-wide revaluation and mostly frozen since. That's $349,780 below what the ratio math suggests (97.0%).

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%

Step 5 · The bill

$353/yr
Public schools$160
Bergen County$32
Town of Hackensack$161
Hackensack average$10,305

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

Town median 66.5%
This home · 2.3%

0%91%

Keep quiet and enjoy it

This home's assessment ratio sits below the Hackensack pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
62 FREDERICK ST2026-05$589,0001,22750.8%
150 GRAND AVE2026-05$542,7001,49755.3%
150 GRAND AVE.2025-07$520,0001,49765.6%
140 EUCLID AVE.2025-12$352,0001,17072.4%
140 EUCLID AVE.2025-12$364,9001,17064.4%
140 EUCLID AVE.2025-08$431,0001,17059.2%
140 EUCLID AVE.2025-07$435,0001,17058.6%
140 EUCLID AVE.2025-02$430,0001,17061.9%
420 PASSAIC ST2025-04$450,0001,20268.6%
54 POLIFLY RD2026-01$425,0001,22968.9%
54 POLIFLY RD2025-12$440,0001,22766.5%
54 POLIFLY RD2025-04$410,0001,22070.7%

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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 →