The Fair Share Report

314 Standish Ave

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

≈ $832,462

Likely range $713,899 – $1,100,696, 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 $832,462 home should be assessed near $620,850.

Step 3 · Assessed value

$659,500

Set at the last town-wide revaluation and mostly frozen since. That's $38,650 above what the ratio math suggests (6.2%).

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

$21,163/yr
Public schools$9,612
Bergen County$1,920
Town of Hackensack$9,632
Hackensack average$10,305

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

Town median 66.5%
This home · 79.2%

49%98%

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
114 OLD HOBOKEN RD2025-02$1,099,00068.2%
256 SECOND ST.2025-09$735,0003,22071.8%
119 UNION ST2026-01$780,0002,90060.6%
128 OLD HOBOKEN RD.2025-10$950,0002,86853.1%
436 SUMMIT AVE2025-08$793,0003,32791.4%
194 KRONE PL2025-07$980,0003,43255.1%
413 ESSEX ST2025-01$900,0002,50454.8%
225 CATALPA AVE2025-12$800,0002,55065.1%
146 HOBART ST2025-12$590,0002,48465.6%
209 PASSAIC ST2026-05$750,0002,77462.6%
136-38 PINE ST2025-06$850,0002,39658.9%
119 JOHN ST2025-02$550,0002,29881.8%

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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 →