The Fair Share Report

346 Washington 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

≈ $308,270

Likely range $297,477 – $509,720, 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 $308,270 home should be assessed near $229,908.

Step 3 · Assessed value

$257,500

Set at the last town-wide revaluation and mostly frozen since. That's $27,592 above what the ratio math suggests (12.0%).

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

$8,263/yr
Public schools$3,753
Bergen County$750
Town of Hackensack$3,761
Hackensack average$10,305

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

Town median 66.5%
This home · 83.5%

45%92%

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%
159 BERDAN PL2025-09$310,0001,08174.1%
208 ANDERSON ST2026-04$299,0001,10068.7%
208 ANDERSON ST2025-08$318,0001,10077.9%
208 ANDERSON ST2025-03$310,0001,10076.3%
208 ANDERSON ST2025-03$280,0001,10073.3%
208 ANDERSON ST2025-03$319,0001,10078.2%
90 PROSPECT AVE2026-04$290,0001,11162.7%
325 SIMONS AVE2025-02$535,0001,12864.1%
303 HAMILTON PL2026-04$330,00091053.2%
216 LINCOLN ST2025-02$515,50087053.6%
90 PROSPECT AVE2025-07$285,0001,00473.0%

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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 →