The Fair Share Report

51 Worth 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

≈ $467,013

Likely range $336,583 – $588,270, 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 $467,013 home should be assessed near $348,298.

Step 3 · Assessed value

$270,500

Set at the last town-wide revaluation and mostly frozen since. That's $77,798 below what the ratio math suggests (22.3%).

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

$8,680/yr
Public schools$3,942
Bergen County$787
Town of Hackensack$3,951
Hackensack average$10,305

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

Town median 66.5%
This home · 57.9%

41%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
303 HAMILTON PL2026-04$330,00091053.2%
303 HAMILTON PL2025-07$416,1001,09648.0%
114 OLD HOBOKEN RD2025-02$1,099,00068.2%
493 W ANDERSON ST2025-10$499,00082431.9%
325 SIMONS AVE2025-02$535,0001,12864.1%
369 DE WOLF PL2025-05$580,0001,02569.0%
44 WORTH ST.2025-05$590,0001,06153.0%
233-35 WASHINGTON AVE.2025-05$752,0001,04442.5%
90 PROSPECT AVE2025-07$285,0001,00473.0%
220 LINCOLN ST2025-02$550,00086252.6%
178 FAIRMOUNT AVE2025-11$584,0001,24860.4%
119 POPLAR AVE2025-06$465,0001,36373.9%

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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 →