The Fair Share Report
384 First St
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $408,276 – $558,850, from 12 comparable Hackensack sales in the past 18 months, at this home's 1,472 sq ft.
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 $493,895 home should be assessed near $368,347.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $52,047 below what the ratio math suggests (14.1%).
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
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 27-29 MARTIN TERR | 2026-03 | $850,000 | 1,726 | 60.4% |
| 303 HAMILTON PL | 2025-07 | $416,100 | 1,096 | 48.0% |
| 150 GRAND AVE | 2026-05 | $542,700 | 1,497 | 55.3% |
| 150 GRAND AVE. | 2025-07 | $520,000 | 1,497 | 65.6% |
| 54 POLIFLY RD | 2025-03 | $486,500 | 1,507 | 68.1% |
| 485 GARDNER PL | 2025-03 | $640,000 | 1,539 | 66.5% |
| 90 PROSPECT AVE | 2025-04 | $430,000 | 1,704 | 52.8% |
| 316 PROSPECT AVE. | 2025-10 | $380,000 | 1,428 | 71.3% |
| 34 EMERALD ST | 2025-01 | $400,000 | 1,461 | 80.5% |
| 54 POLIFLY RD | 2025-02 | $460,000 | 1,590 | 74.5% |
| 177 HIGH ST | 2025-09 | $510,000 | 1,520 | 62.2% |
| 316 PROSPECT AVE. | 2026-01 | $343,000 | 1,343 | 71.3% |
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