The Fair Share Report
424 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 $512,511 – $645,695, from 12 comparable Hackensack sales in the past 18 months (home size estimated from assessor data — range widened).
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 $599,655 home should be assessed near $447,223.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $6,123 below what the ratio math suggests (1.4%).
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%92%
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 |
|---|---|---|---|---|
| 13 ZABRISKIE ST | 2025-11 | $530,000 | 1,710 | 70.3% |
| 17 ZABRISKIE ST | 2025-10 | $595,000 | 1,710 | 63.5% |
| 90 PROSPECT AVE | 2025-09 | $355,000 | 1,812 | 73.9% |
| 298 THIRD ST. | 2026-02 | $599,000 | 1,828 | 48.9% |
| 308 HAMILTON PL | 2025-07 | $550,000 | 1,650 | 70.9% |
| 54 WILLOW AVE | 2025-02 | $775,000 | 1,864 | 73.4% |
| 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 | 2025-02 | $460,000 | 1,590 | 74.5% |
| 90 PROSPECT AVE | 2025-04 | $430,000 | 1,704 | 52.8% |
| 485 GARDNER PL | 2025-03 | $640,000 | 1,539 | 66.5% |
| 823 SUMMIT AVE | 2025-01 | $585,000 | 1,840 | 68.1% |
Is this your house?
Run your own report →