The Fair Share Report
58 Reilly Ct
Hackensack, NJ 07430
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 $417,107 – $519,864, 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 $488,743 home should be assessed near $364,505.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $53,505 below what the ratio math suggests (14.7%).
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 |
|---|---|---|---|---|
| 62 FREDERICK ST | 2026-05 | $589,000 | 1,227 | 50.8% |
| 310 LOOKOUT AVE. | 2025-09 | $415,000 | 1,353 | 71.6% |
| 310 LOOKOUT AVE. | 2025-06 | $415,000 | 1,353 | 70.7% |
| 150 GRAND AVE | 2026-05 | $542,700 | 1,497 | 55.3% |
| 150 GRAND AVE. | 2025-07 | $520,000 | 1,497 | 65.6% |
| 140 EUCLID AVE. | 2025-12 | $352,000 | 1,170 | 72.4% |
| 140 EUCLID AVE. | 2025-12 | $364,900 | 1,170 | 64.4% |
| 140 EUCLID AVE. | 2025-08 | $431,000 | 1,170 | 59.2% |
| 140 EUCLID AVE. | 2025-07 | $435,000 | 1,170 | 58.6% |
| 140 EUCLID AVE. | 2025-02 | $430,000 | 1,170 | 61.9% |
| 115 POLIFLY RD. | 2025-05 | $470,000 | 1,329 | 53.6% |
| 485 GARDNER PL | 2025-03 | $640,000 | 1,539 | 66.5% |
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