The Fair Share Report

569 Summit 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.

Step 1 · Market value

≈ $860,959

Likely range $739,352 – $1,113,133, from 12 comparable Hackensack sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

74.58%

The state's official measure of how far Hackensack assessments sit below market value — republished every October, applied town-wide. A $860,959 home should be assessed near $642,103.

Step 3 · Assessed value

$795,700

Set at the last town-wide revaluation and mostly frozen since. That's $153,597 above what the ratio math suggests (23.9%).

Step 4 · The tax rate — same for every Hackensack home

$3.208 per $100 assessed

$1.457 Schools · 45% $0.291 County · 9% $1.460 Town · 46%

This home's own bill implies $3.178 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$25,284/yr
Public schools$11,483
Bergen County$2,294
Town of Hackensack$11,507
Hackensack average$10,305

This home vs. every recent Hackensack sale · assessed ÷ market

Town median 66.5%
This home · 92.4%

49%113%

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)

AddressSoldPriceSq ftRatio
436 SUMMIT AVE2025-08$793,0003,32791.4%
194 KRONE PL2025-07$980,0003,43255.1%
269 POPLAR AVE2025-11$750,0002,93464.0%
380 MAPLE HILL DR2025-06$879,0003,59776.6%
256 SECOND ST.2025-09$735,0003,22071.8%
165 PINE ST2026-02$875,0002,11856.1%
69 ROSS AVE2026-02$935,0002,61049.5%
69 ROSS AVE2025-06$500,0002,61092.5%
208 CLINTON PL2025-03$755,0002,79368.7%
403 SUMMIT AVE2026-01$999,9993,00880.3%
209 PASSAIC ST2026-05$750,0002,77462.6%
146 HOBART ST2025-12$590,0002,48465.6%

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Estimates from public records — NJ MOD-IV assessments, SR1A usable sales, and Treasury/DCA rate tables. Your house has a history. Write the next chapter on Plotline →