The Fair Share Report

316 Kaplan 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

≈ $776,938

Likely range $569,626 – $852,605, from 12 comparable Hackensack sales in the past 18 months, at this home's 2,380 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 $776,938 home should be assessed near $579,440.

Step 3 · Assessed value

$439,900

Set at the last town-wide revaluation and mostly frozen since. That's $139,540 below what the ratio math suggests (24.1%).

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

$14,116/yr
Public schools$6,411
Bergen County$1,281
Town of Hackensack$6,425
Hackensack average$10,305

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

Town median 66.5%
This home · 56.6%

46%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
410 HUDSON ST2026-06$213,0002,371195.1%
162 ROSS AVE2025-01$815,0002,28457.5%
69 ROSS AVE2026-02$935,0002,61049.5%
69 ROSS AVE2025-06$500,0002,61092.5%
30 CLARENDON PL2026-04$960,0002,27045.6%
168-70 CLAY ST2026-04$910,0002,07049.4%
136-38 PINE ST2025-06$850,0002,39658.9%
158 ROSS AVE2025-07$679,0002,06861.0%
255 POPLAR AVE2025-01$695,0002,12958.0%
165 PINE ST2026-02$875,0002,11856.1%
146 HOBART ST2025-12$590,0002,48465.6%
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 →