The Fair Share Report
54 Polifly Rd
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $379,724 – $460,108, from 12 comparable Hackensack sales in the past 18 months, at this home's 1,229 sq ft.
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 $428,721 home should be assessed near $319,740.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $30,040 below what the ratio math suggests (9.4%).
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 |
|---|---|---|---|---|
| 275 STATE ST | 2026-02 | $445,000 | 1,198 | 61.1% |
| 420 PASSAIC ST | 2025-04 | $450,000 | 1,202 | 68.6% |
| 39 UNION ST | 2025-05 | $350,000 | 1,150 | 84.7% |
| 39 UNION ST | 2025-04 | $459,000 | 1,400 | 73.5% |
| 39 UNION ST | 2025-12 | $390,000 | 1,072 | 73.1% |
| 481A GARDNER PL | 2026-03 | $465,000 | 1,464 | 82.7% |
| 275 STATE ST | 2025-09 | $430,000 | 1,040 | 56.3% |
| 241 UNION ST | 2025-11 | $405,000 | 1,036 | 69.6% |
| 62 FREDERICK ST | 2026-05 | $589,000 | 1,227 | 50.8% |
| 115 POLIFLY RD. | 2025-08 | $359,000 | 1,175 | 60.8% |
| 290 ANDERSON ST. | 2025-04 | $435,000 | 1,170 | 60.1% |
| 96 BERRY ST | 2025-04 | $525,000 | 1,505 | 72.7% |
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