The Fair Share Report

369 Kaplan 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

≈ $791,314

Likely range $739,744 – $829,553, from 12 comparable Hackensack sales in the past 18 months, at this home's 2,308 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 $791,314 home should be assessed near $590,162.

Step 3 · Assessed value

$532,400

Set at the last town-wide revaluation and mostly frozen since. That's $57,762 below what the ratio math suggests (9.8%).

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

$17,085/yr
Public schools$7,759
Bergen County$1,550
Town of Hackensack$7,775
Hackensack average$10,305

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

Town median 66.5%
This home · 67.3%

49%91%

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
140 HOPPER ST.2025-01$850,0002,38858.1%
483 PARKER AVE2025-10$769,0002,25863.5%
392 TAYLOR AVE2025-01$720,0002,10051.4%
413 ESSEX ST2025-01$900,0002,50454.8%
128 OLD HOBOKEN RD.2025-10$950,0002,86853.1%
114 OLD HOBOKEN RD2025-02$1,099,00068.2%
119 JOHN ST2025-02$550,0002,29881.8%
232-34 WASHINGTON AVE.2025-01$770,0002,22656.8%
136-38 PINE ST2025-06$850,0002,39658.9%
174 CLAY ST2025-12$830,0002,26250.9%
123 KANSAS ST2025-10$700,0002,18455.7%
146 HOBART ST2025-12$590,0002,48465.6%

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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 →