35 Spring Valley Ave

Step 1 · Market value

Likely range $482,078 – $604,935, from 12 comparable Hackensack sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

The state's official measure of how far Hackensack assessments sit below market value — republished every October, applied town-wide. A $570,897 home should be assessed near $425,775.

Step 3 · Assessed value

Set at the last town-wide revaluation and mostly frozen since. That's $51,675 below what the ratio math suggests (12.1%).

Step 4 · The tax rate — same for every Hackensack home

$1.457 Schools · 45% $0.291 County · 9% $1.460 Town · 46%

This home's own bill implies $3.142 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

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

49%91%

The evidence · comparable sales (SR1A usable-sale records)