The Fair Share Report
31 Spring Valley Ave
Hackensack, NJ 07601
The town catches up with market prices only once a year — and only based on the average change of all homes in the area. This report checks whether this house's assessment kept pace.
This home's full record →Check another house →
This home's payments are about right
It sits inside Hackensack's normal range — market price changes haven't singled it out. No case for a tax appeal.
Step 1 · Market value
Likely range $556,626 – $645,035, from 12 comparable Hackensack sales in the past 18 months, at this home's 1,360 sq ft.
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 $563,807 home should be assessed near $420,487.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $28,087 below what the ratio math suggests (6.7%).
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%91%
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 335 PARKER AVE | 2025-05 | $450,000 | 1,332 | 76.7% |
| 99 TROAST ST | 2025-10 | $630,000 | 1,312 | 58.8% |
| 321-323 SIMONS AVE | 2025-11 | $518,972 | 1,268 | 67.0% |
| 88 CATALPA AVE. | 2025-06 | $620,000 | 1,499 | 62.5% |
| 268 MARVIN AVE | 2025-07 | $550,000 | 1,402 | 62.3% |
| 64 DAVIS AV | 2026-06 | $680,000 | 1,532 | 58.2% |
| 248 PARKER AVE | 2025-04 | $575,000 | 1,387 | 52.8% |
| 388 PARKER AVE | 2025-02 | $583,000 | 1,342 | 74.3% |
| 811 SUMMIT AVE | 2026-01 | $605,000 | 1,460 | 59.6% |
| 418 TAYLOR AVE | 2026-03 | $655,000 | 1,545 | 53.1% |
| 189 HERMAN ST | 2025-10 | $705,000 | 1,408 | 54.3% |
| 119 POPLAR AVE | 2025-06 | $465,000 | 1,363 | 73.9% |
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