The Fair Share Report

377 Simons 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

≈ $632,408

Likely range $572,910 – $644,799, 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 $632,408 home should be assessed near $471,650.

Step 3 · Assessed value

$398,200

Set at the last town-wide revaluation and mostly frozen since. That's $73,450 below what the ratio math suggests (15.6%).

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

$12,778/yr
Public schools$5,804
Bergen County$1,159
Town of Hackensack$5,816
Hackensack average$10,305

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

Town median 66.5%
This home · 63.0%

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
78 HERMAN ST2025-08$325,0001,480105.4%
163 KENT ST2026-01$555,0001,53664.7%
811 SUMMIT AVE2026-01$605,0001,46059.6%
246 ROSS AVE2026-02$620,0001,54059.4%
248 PARKER AVE2025-04$575,0001,38752.8%
42 LONGVIEW AVE2026-05$605,0001,44057.1%
64 DAVIS AV2026-06$680,0001,53258.2%
88 CATALPA AVE.2025-06$620,0001,49962.5%
184 HIGH ST2025-11$928,0001,79860.9%
378 LOOKOUT AVE2025-12$580,0001,48658.3%
418 TAYLOR AVE2026-03$655,0001,54553.1%
55 ROWLAND AVE2025-09$599,9001,25454.5%

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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 →