The Fair Share Report
55 Maple Ave
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 1 · Market value
Likely range $500,000 – $785,000, from 5 comparable South Hackensack sales in the past 18 months.
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. A $732,000 home should be assessed near $720,215.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $176,215 below what the ratio math suggests (24.5%).
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 $1.764 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent South Hackensack sale · assessed ÷ market
60%114%
Paying about right
This home's ratio lands inside South 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 |
|---|---|---|---|---|
| 9 TUVE LANE | 2025-01 | $785,000 | 1,944 | 98.5% |
| 545 MOONACHIE ROAD | 2025-01 | $500,000 | 1,186 | 95.9% |
| 112 E. GROVE ST | 2025-03 | $730,000 | 2,080 | 92.4% |
| 352 CHESTNUT AVE | 2026-01 | $732,000 | 1,700 | 65.6% |
| 16 MAPLE AVE | 2026-05 | $750,000 | 1,216 | 71.2% |
Is this your house?
Run your own report →