The Fair Share Report

360 Chestnut Ave

So Hackensack, NJ 07652

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 2 · The Director's Ratio

98.39%

The state's official measure of how far South Hackensack assessments sit below market value — republished every October, applied town-wide.

Step 3 · Assessed value

$487,000

Set at the last town-wide revaluation and mostly frozen since.

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

$1.850 per $100 assessed

$0.808 Schools · 44% $0.229 County · 12% $0.814 Town · 44%

This home's own bill implies $1.762 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$8,579/yr
Public schools$3,745
Bergen County$1,061
Town of South Hackensack$3,773
South Hackensack average$11,492

The record, in full

Not enough closely-comparable recent sales in South Hackensack for a fairness verdict — the town's current median assessment ratio is 92.4%.

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

AddressSoldPriceSq ftRatio
545 MOONACHIE ROAD2025-01$500,0001,18695.9%
112 E. GROVE ST2025-03$730,0002,08092.4%
16 MAPLE AVE2026-05$750,0001,21671.2%

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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 →