The Fair Share Report

303 Hamilton Pl

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

≈ $431,605

Likely range $337,037 – $539,201, from 12 comparable Hackensack sales in the past 18 months, at this home's 910 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 $431,605 home should be assessed near $321,891.

Step 3 · Assessed value

$152,200

Set at the last town-wide revaluation and mostly frozen since. That's $169,691 below what the ratio math suggests (52.7%).

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

$4,884/yr
Public schools$2,218
Bergen County$443
Town of Hackensack$2,223
Hackensack average$10,305

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

Town median 66.5%
This home · 35.3%

23%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
216 LINCOLN ST2025-02$515,50087053.6%
220 LINCOLN ST2025-02$550,00086252.6%
493 W ANDERSON ST2025-10$499,00082431.9%
44 WORTH ST.2025-05$590,0001,06153.0%
159 BERDAN PL2025-09$310,0001,08174.1%
325 SIMONS AVE2025-02$535,0001,12864.1%
483 COLONIAL TERR.2025-11$295,00085668.7%
475 COLONIAL TERR.2025-09$235,00085689.5%
970 MAIN ST2026-01$320,00084671.0%
192 LINCOLN ST2025-01$460,00085866.9%
471 CRESTWOOD AVE2026-02$312,25081067.2%
292 ESPLANADE2025-08$300,00081071.9%

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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 →