The Fair Share Report
62 Broadway
Hackensack, NJ 07450
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 $593,997 – $807,508, 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 $653,067 home should be assessed near $487,057.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $55,657 below what the ratio math suggests (11.4%).
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
48%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 |
|---|---|---|---|---|
| 309 LOOKOUT AVE | 2025-12 | $600,000 | 1,975 | 71.6% |
| 125 KANSAS ST | 2025-11 | $599,000 | 1,964 | 61.0% |
| 280 CENTRAL AVE | 2026-02 | $510,000 | 2,032 | 50.3% |
| 172 BERRY ST | 2025-05 | $625,000 | 1,943 | 51.9% |
| 115 FAIRMOUNT AVE | 2025-10 | $780,000 | 2,071 | 53.5% |
| 258 CLINTON PL | 2026-06 | $790,000 | 2,025 | 60.6% |
| 119 KANSAS ST | 2025-01 | $599,000 | 1,708 | 53.8% |
| 212 SO MAIN ST | 2026-04 | $840,000 | 2,124 | 46.4% |
| 298 THIRD ST. | 2026-02 | $599,000 | 1,828 | 48.9% |
| 195 STANLEY PL | 2025-08 | $705,000 | 1,701 | 57.1% |
| 123 KANSAS ST | 2025-10 | $700,000 | 2,184 | 55.7% |
| 119 JOHN ST | 2025-02 | $550,000 | 2,298 | 81.8% |
Is this your house?
Run your own report →