The Fair Share Report
39 Union 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 $361,985 – $418,156, from 12 comparable Hackensack sales in the past 18 months, at this home's 1,072 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 $394,899 home should be assessed near $294,516.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $21,184 above what the ratio math suggests (7.2%).
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%93%
A touch high — worth watching
This home's ratio sits above most of Hackensack, but doesn't clear NJ's legal appeal line (85.77%).
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 420 PASSAIC ST | 2025-05 | $455,000 | 990 | 61.2% |
| 420 PASSAIC ST | 2025-04 | $450,000 | 1,202 | 68.6% |
| 54 POLIFLY RD | 2025-04 | $410,000 | 1,220 | 70.7% |
| 54 POLIFLY RD | 2025-12 | $440,000 | 1,227 | 66.5% |
| 54 POLIFLY RD | 2026-01 | $425,000 | 1,229 | 68.9% |
| 54 POLIFLY RD | 2025-03 | $415,000 | 1,229 | 73.1% |
| 131 CLINTON PL | 2025-08 | $410,000 | 1,034 | 68.6% |
| 131 CLINTON PL | 2025-02 | $385,000 | 987 | 66.9% |
| 20 JEFFERSON ST. | 2026-04 | $395,500 | 1,058 | 63.5% |
| 20 JEFFERSON ST. | 2025-01 | $368,000 | 1,058 | 68.2% |
| 62 FREDERICK ST | 2026-05 | $589,000 | 1,227 | 50.8% |
| 140 EUCLID AVE. | 2025-12 | $352,000 | 1,170 | 72.4% |
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