The Fair Share Report

456 Beech 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.

Step 1 · Market value

≈ $760,204

Likely range $705,630 – $829,666, 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 $760,204 home should be assessed near $566,960.

Step 3 · Assessed value

$520,500

Set at the last town-wide revaluation and mostly frozen since. That's $46,460 below what the ratio math suggests (8.2%).

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

$16,703/yr
Public schools$7,586
Bergen County$1,515
Town of Hackensack$7,602
Hackensack average$10,305

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

Town median 66.5%
This home · 68.5%

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)

AddressSoldPriceSq ftRatio
131 ALLEN ST2025-10$875,0002,09055.4%
824 SUMMIT AVE2026-03$730,0002,00665.3%
174 CLAY ST2025-12$830,0002,26250.9%
137 BYRNE ST2026-04$750,0001,96157.0%
140 HOPPER ST.2025-01$850,0002,38858.1%
392 TAYLOR AVE2025-01$720,0002,10051.4%
158 ROSS AVE2025-07$679,0002,06861.0%
90 PROSPECT AVE2025-09$355,0001,81273.9%
383 HAYNES ST2025-10$790,0002,02251.8%
255 POPLAR AVE2025-01$695,0002,12958.0%
168-70 CLAY ST2026-04$910,0002,07049.4%
165 PINE ST2026-02$875,0002,11856.1%

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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 →