The Fair Share Report
53 Leuning St
So Hackensack, NJ 07606
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 2 · The Director's Ratio
The state's official measure of how far South Hackensack assessments sit below market value — republished every October, applied town-wide.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since.
Step 4 · The tax rate — same for every South Hackensack home
$0.808 Schools · 44% $0.229 County · 12% $0.814 Town · 44%
This home's own bill implies $1.769 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
The record, in full
Not enough closely-comparable recent sales in South Hackensack for a fairness verdict — the town's current median assessment ratio is 92.4%.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 545 MOONACHIE ROAD | 2025-01 | $500,000 | 1,186 | 95.9% |
| 9 TUVE LANE | 2025-01 | $785,000 | 1,944 | 98.5% |
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