The Fair Share Report

412 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

≈ $595,107

Likely range $376,324 – $701,966, 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 $595,107 home should be assessed near $443,831.

Step 3 · Assessed value

$418,000

Set at the last town-wide revaluation and mostly frozen since. That's $25,831 below what the ratio math suggests (5.8%).

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

$13,414/yr
Public schools$6,092
Bergen County$1,217
Town of Hackensack$6,105
Hackensack average$10,305

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

Town median 66.5%
This home · 70.2%

49%117%

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
184 HIGH ST2025-11$928,0001,79860.9%
40 COLES AVE2025-07$670,0001,74065.5%
246 ROSS AVE2026-02$620,0001,54059.4%
78 HERMAN ST2025-08$325,0001,480105.4%
823 SUMMIT AVE2025-01$585,0001,84068.1%
811 SUMMIT AVE2026-01$605,0001,46059.6%
163 KENT ST2026-01$555,0001,53664.7%
122 DAVIS AVE2025-07$610,0001,66862.7%
131 DAVIS AVE2025-11$581,0001,64962.0%
131 DAVIS AVE2025-06$380,0001,64994.8%
64 DAVIS AV2026-06$680,0001,53258.2%
90 PROSPECT AVE2025-04$430,0001,70452.8%

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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 →