The Fair Share Report
45 Lodi St
Hackensack, NJ 07508
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 $567,648 – $761,904, 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 $714,958 home should be assessed near $533,216.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $107,816 below what the ratio math suggests (20.2%).
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%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 |
|---|---|---|---|---|
| 125 KANSAS ST | 2025-11 | $599,000 | 1,964 | 61.0% |
| 309 LOOKOUT AVE | 2025-12 | $600,000 | 1,975 | 71.6% |
| 115 FAIRMOUNT AVE | 2025-10 | $780,000 | 2,071 | 53.5% |
| 212 SO MAIN ST | 2026-04 | $840,000 | 2,124 | 46.4% |
| 123 KANSAS ST | 2025-10 | $700,000 | 2,184 | 55.7% |
| 27-29 MARTIN TERR | 2026-03 | $850,000 | 1,726 | 60.4% |
| 122 DAVIS AVE | 2025-07 | $610,000 | 1,668 | 62.7% |
| 345 FIRST ST. | 2025-01 | $430,000 | 1,691 | 71.9% |
| 258 ROSS AVE | 2026-05 | $705,000 | 1,911 | 58.7% |
| 317 KAPLAN AVE. | 2025-12 | $850,000 | 1,764 | 75.8% |
| 172 BERRY ST | 2025-05 | $625,000 | 1,943 | 51.9% |
| 823 SUMMIT AVE | 2025-01 | $585,000 | 1,840 | 68.1% |
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