The Fair Share Report
364 Chestnut Ave
Hackensack, NJ 07606
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $179,249 – $202,271, 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 $190,959 home should be assessed near $142,417.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $111,817 below what the ratio math suggests (78.5%).
Step 4 · The tax rate — same for every Hackensack home
$1.457 Schools · 45% $0.291 County · 9% $1.460 Town · 46%
Step 5 · The bill
This home vs. every recent Hackensack sale · assessed ÷ market
10%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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 391 PARK ST | 2025-05 | $242,500 | 525 | 65.6% |
| 301 BEECH ST | 2025-11 | $225,000 | 428 | 62.3% |
| 9 VREELAND AVE. | 2026-05 | $235,000 | 494 | 61.5% |
| 9 VREELAND AVE. | 2025-12 | $165,000 | 494 | 87.5% |
| 9 VREELAND AVE. | 2026-04 | $260,000 | 538 | 57.0% |
| 245 ANDERSON ST. | 2025-01 | $235,000 | 515 | 63.4% |
| 245 ANDERSON ST. | 2025-11 | $260,000 | 524 | 60.4% |
| 110-14 SUSSEX ST. | 2026-02 | $226,000 | 590 | 62.6% |
| 245 ANDERSON ST. | 2026-03 | $247,000 | 536 | 59.6% |
| 245 ANDERSON ST. | 2025-11 | $250,000 | 542 | 59.2% |
| 245 ANDERSON ST. | 2025-04 | $249,000 | 542 | 59.4% |
| 300 LOOKOUT AVE | 2025-09 | $285,000 | 650 | 63.7% |
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