The Fair Share Report

62 Green St

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

≈ $250,976

Likely range $214,035 – $305,356, 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 $250,976 home should be assessed near $187,178.

Step 3 · Assessed value

$174,300

Set at the last town-wide revaluation and mostly frozen since. That's $12,878 below what the ratio math suggests (6.9%).

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%

Step 5 · The bill

$5,593/yr
Public schools$2,540
Bergen County$507
Town of Hackensack$2,546
Hackensack average$10,305

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

Town median 66.5%
This home · 69.4%

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)

AddressSoldPriceSq ftRatio
303 HAMILTON PL2025-10$275,00074157.0%
216 LINCOLN ST2025-02$515,50087053.6%
300 LOOKOUT AVE2025-09$285,00065063.7%
9 VREELAND AVE.2026-04$260,00053857.0%
391 PARK ST2025-05$242,50052565.6%
303 HAMILTON PL2026-04$330,00091053.2%
220 LINCOLN ST2025-02$550,00086252.6%
110-14 SUSSEX ST.2026-02$226,00059062.6%
159 BERDAN PL2025-09$310,0001,08174.1%
89 KANSAS ST2025-06$295,00071751.6%
9 VREELAND AVE.2026-05$235,00049461.5%
9 VREELAND AVE.2025-12$165,00049487.5%

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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 →