The Fair Share Report
421 Thompson 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 $280,409 – $326,484, from 12 comparable Hackensack sales in the past 18 months, at this home's 995 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 $288,550 home should be assessed near $215,201.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $149,799 above what the ratio math suggests (69.6%).
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%136%
Looks meaningfully over-assessed
Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (85.77%) — roughly $4,806/yr at stake. NJ appeals are generally due April 1.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 90 PROSPECT AVE | 2025-07 | $285,000 | 1,004 | 73.0% |
| 208 ANDERSON ST | 2026-04 | $299,000 | 1,100 | 68.7% |
| 208 ANDERSON ST | 2025-08 | $318,000 | 1,100 | 77.9% |
| 208 ANDERSON ST | 2025-03 | $310,000 | 1,100 | 76.3% |
| 208 ANDERSON ST | 2025-03 | $280,000 | 1,100 | 73.3% |
| 208 ANDERSON ST | 2025-03 | $319,000 | 1,100 | 78.2% |
| 90 PROSPECT AVE | 2026-04 | $290,000 | 1,111 | 62.7% |
| 369 DE WOLF PL | 2025-05 | $580,000 | 1,025 | 69.0% |
| 140 EUCLID AVE. | 2026-04 | $320,000 | 960 | 65.7% |
| 140 EUCLID AVE. | 2025-12 | $315,000 | 960 | 66.7% |
| 311 STANDISH AVE | 2025-11 | $580,000 | 1,131 | 56.0% |
| 208 ANDERSON ST | 2026-04 | $245,000 | 800 | 65.7% |
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