The Fair Share Report
55 Clinton Pl
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 $282,316 – $326,850, from 12 comparable Hackensack sales in the past 18 months, at this home's 825 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 $291,519 home should be assessed near $217,415.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $66,885 above what the ratio math suggests (30.8%).
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%106%
Looks meaningfully over-assessed
Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (85.77%) — roughly $2,146/yr at stake. NJ appeals are generally due April 1.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 31 FAIRMOUNT AVE. | 2025-09 | $433,750 | 810 | 54.0% |
| 10 ORCHARD ST | 2025-08 | $300,000 | 849 | 71.1% |
| 10 ORCHARD ST. | 2025-06 | $300,000 | 849 | 70.1% |
| 446 PASSAIC ST. | 2025-11 | $335,000 | 750 | 53.9% |
| 281 PARK ST. | 2025-01 | $247,500 | 801 | 70.3% |
| 5 LINDEN ST | 2025-07 | $267,000 | 823 | 71.0% |
| 50 EUCLID AVE. | 2025-11 | $290,000 | 797 | 68.0% |
| 300 PARK ST. | 2026-01 | $380,000 | 924 | 55.9% |
| 5 LINDEN ST. | 2025-11 | $278,000 | 793 | 66.9% |
| 5 LINDEN ST | 2025-05 | $240,000 | 793 | 77.5% |
| 281 PARK ST. | 2025-02 | $267,000 | 761 | 63.8% |
| 300 LOOKOUT AVE | 2025-04 | $283,000 | 827 | 70.1% |
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