The Fair Share Report

382 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

≈ $638,040

Likely range $505,535 – $718,013, 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 $638,040 home should be assessed near $475,850.

Step 3 · Assessed value

$404,000

Set at the last town-wide revaluation and mostly frozen since. That's $71,850 below what the ratio math suggests (15.1%).

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

$12,964/yr
Public schools$5,888
Bergen County$1,176
Town of Hackensack$5,900
Hackensack average$10,305

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

Town median 66.5%
This home · 63.3%

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
122 DAVIS AVE2025-07$610,0001,66862.7%
345 FIRST ST.2025-01$430,0001,69171.9%
27-29 MARTIN TERR2026-03$850,0001,72660.4%
418 TAYLOR AVE2026-03$655,0001,54553.1%
253 SUTTON AVE2025-11$538,0001,67871.3%
64 DAVIS AV2026-06$680,0001,53258.2%
119 KANSAS ST2025-01$599,0001,70853.8%
40 COLES AVE2025-07$670,0001,74065.5%
317 KAPLAN AVE.2025-12$850,0001,76475.8%
195 STANLEY PL2025-08$705,0001,70157.1%
88 CATALPA AVE.2025-06$620,0001,49962.5%
125 KANSAS ST2025-11$599,0001,96461.0%

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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 →