The Fair Share Report
560 Prospect Ave
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 $170,132 – $228,214, from 12 comparable Hackensack sales in the past 18 months (home size estimated from assessor data — range widened).
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 $215,203 home should be assessed near $160,498.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $32,798 below what the ratio math suggests (20.4%).
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 |
|---|---|---|---|---|
| 9 VREELAND AVE. | 2026-05 | $235,000 | 494 | 61.5% |
| 9 VREELAND AVE. | 2025-12 | $165,000 | 494 | 87.5% |
| 9 VREELAND AVE. | 2026-04 | $260,000 | 538 | 57.0% |
| 114 OLD HOBOKEN RD | 2025-02 | $1,099,000 | — | 68.2% |
| 89 KANSAS ST | 2025-06 | $295,000 | 717 | 51.6% |
| 300 LOOKOUT AVE | 2025-09 | $285,000 | 650 | 63.7% |
| 279 CLARK ST. | 2025-07 | $280,000 | 509 | 60.2% |
| 110-14 SUSSEX ST. | 2026-02 | $226,000 | 590 | 62.6% |
| 391 PARK ST | 2025-05 | $242,500 | 525 | 65.6% |
| 10 ORCHARD ST. | 2026-05 | $200,000 | 525 | 70.8% |
| 10 ORCHARD ST | 2025-10 | $185,000 | 525 | 81.3% |
| 245 ANDERSON ST. | 2025-01 | $235,000 | 515 | 63.4% |
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