The Fair Share Report

381 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

≈ $538,689

Likely range $507,512 – $588,121, from 12 comparable Hackensack sales in the past 18 months, at this home's 1,240 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 $538,689 home should be assessed near $401,754.

Step 3 · Assessed value

$348,700

Set at the last town-wide revaluation and mostly frozen since. That's $53,054 below what the ratio math suggests (13.2%).

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

$11,190/yr
Public schools$5,082
Bergen County$1,015
Town of Hackensack$5,093
Hackensack average$10,305

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

Town median 66.5%
This home · 64.7%

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
321-323 SIMONS AVE2025-11$518,9721,26867.0%
99 TROAST ST2025-10$630,0001,31258.8%
325 SIMONS AVE2025-02$535,0001,12864.1%
335 PARKER AVE2025-05$450,0001,33276.7%
55 ROWLAND AVE2025-09$599,9001,25454.5%
303 HAMILTON PL2025-07$416,1001,09648.0%
268 MARVIN AVE2025-07$550,0001,40262.3%
178 FAIRMOUNT AVE2025-11$584,0001,24860.4%
388 PARKER AVE2025-02$583,0001,34274.3%
88 CATALPA AVE.2025-06$620,0001,49962.5%
64 DAVIS AV2026-06$680,0001,53258.2%
378 MARVIN AVE2025-05$510,0001,152124.3%

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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 →