The Fair Share Report
68 Frederick 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $359,722 – $447,552, 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 $376,275 home should be assessed near $280,626.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $33,074 above what the ratio math suggests (11.8%).
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%93%
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 |
|---|---|---|---|---|
| 344 PROSPECT AVE. | 2025-08 | $365,000 | 1,398 | 72.0% |
| 344 PROSPECT AVE. | 2025-10 | $440,000 | 1,432 | 61.4% |
| 316 PROSPECT AVE. | 2025-10 | $380,000 | 1,428 | 71.3% |
| 326 PROSPECT AVE | 2025-10 | $342,500 | 1,376 | 76.3% |
| 326 PROSPECT AVE. | 2026-05 | $340,000 | 1,461 | 79.5% |
| 326 PROSPECT AVE. | 2026-05 | $380,000 | 1,461 | 71.7% |
| 326 PROSPECT AVE | 2025-08 | $375,000 | 1,461 | 73.3% |
| 301 BEECH ST | 2026-02 | $440,000 | — | 2.5% |
| 316 PROSPECT AVE. | 2026-01 | $343,000 | 1,343 | 71.3% |
| 310 LOOKOUT AVE. | 2025-09 | $415,000 | 1,353 | 71.6% |
| 310 LOOKOUT AVE. | 2025-06 | $415,000 | 1,353 | 70.7% |
| 316 PROSPECT AVE. | 2026-03 | $380,000 | 1,338 | 71.0% |
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