The Fair Share Report

496 Jackson 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

≈ $801,604

Likely range $665,858 – $872,230, 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 $801,604 home should be assessed near $597,836.

Step 3 · Assessed value

$497,600

Set at the last town-wide revaluation and mostly frozen since. That's $100,236 below what the ratio math suggests (16.8%).

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

$15,968/yr
Public schools$7,252
Bergen County$1,448
Town of Hackensack$7,267
Hackensack average$10,305

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

Town median 66.5%
This home · 62.1%

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
129 HUDSON ST2025-11$750,0002,25461.5%
190 CENTRAL AVE2025-12$825,0002,20851.6%
128 OLD HOBOKEN RD.2025-10$950,0002,86853.1%
13 ZABRISKIE ST2025-11$530,0001,71070.3%
17 ZABRISKIE ST2025-10$595,0001,71063.5%
242 THIRD ST.2025-05$640,0002,19454.7%
308 HAMILTON PL2025-07$550,0001,65070.9%
337 HUDSON ST2026-03$625,0002,18551.8%
209 PASSAIC ST2026-05$750,0002,77462.6%
136-38 PINE ST2025-06$850,0002,39658.9%
146 HOBART ST2025-12$590,0002,48465.6%
121 SUSSEX ST2025-01$425,0002,19783.8%

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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 →