The Fair Share Report

31 Union 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

≈ $574,641

Likely range $407,997 – $624,568, 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 $574,641 home should be assessed near $428,567.

Step 3 · Assessed value

$297,000

Set at the last town-wide revaluation and mostly frozen since. That's $131,567 below what the ratio math suggests (30.7%).

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

$9,531/yr
Public schools$4,329
Bergen County$865
Town of Hackensack$4,338
Hackensack average$10,305

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

Town median 66.5%
This home · 51.7%

42%91%

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
303 HAMILTON PL2025-07$416,1001,09648.0%
119 POPLAR AVE2025-06$465,0001,36373.9%
178 FAIRMOUNT AVE2025-11$584,0001,24860.4%
44 WORTH ST.2025-05$590,0001,06153.0%
189 HERMAN ST2025-10$705,0001,40854.3%
321-323 SIMONS AVE2025-11$518,9721,26867.0%
99 TROAST ST2025-10$630,0001,31258.8%
335 PARKER AVE2025-05$450,0001,33276.7%
325 SIMONS AVE2025-02$535,0001,12864.1%
303 HAMILTON PL2026-04$330,00091053.2%
262 SPRING VALLEY AVE.2026-05$680,0001,25050.2%
140 WILSON ST2025-12$615,0001,16856.5%

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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 →