The Fair Share Report

344 Prospect 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

≈ $554,667

Likely range $514,126 – $578,994, from 12 comparable Hackensack sales in the past 18 months, at this home's 1,664 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 $554,667 home should be assessed near $413,671.

Step 3 · Assessed value

$264,200

Set at the last town-wide revaluation and mostly frozen since. That's $149,471 below what the ratio math suggests (36.1%).

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

$8,478/yr
Public schools$3,851
Bergen County$769
Town of Hackensack$3,859
Hackensack average$10,305

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

Town median 66.5%
This home · 47.6%

40%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
13 ZABRISKIE ST2025-11$530,0001,71070.3%
17 ZABRISKIE ST2025-10$595,0001,71063.5%
308 HAMILTON PL2025-07$550,0001,65070.9%
290 ANDERSON ST.2026-05$450,0001,34362.6%
290 ANDERSON ST.2025-10$435,0001,34362.5%
290 ANDERSON ST.2025-07$350,0001,34377.7%
150 GRAND AVE2026-05$542,7001,49755.3%
150 GRAND AVE.2025-07$520,0001,49765.6%
54 POLIFLY RD2025-02$460,0001,59074.5%
485 GARDNER PL2025-03$640,0001,53966.5%
90 PROSPECT AVE2025-04$430,0001,70452.8%
54 POLIFLY RD2025-03$486,5001,50768.1%

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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 →