The Fair Share Report

83 Green St

Hackensack, NJ 07931

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

≈ $351,396

Likely range $288,834 – $467,991, 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 $351,396 home should be assessed near $262,071.

Step 3 · Assessed value

$304,800

Set at the last town-wide revaluation and mostly frozen since. That's $42,729 above what the ratio math suggests (16.3%).

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

$9,781/yr
Public schools$4,442
Bergen County$887
Town of Hackensack$4,451
Hackensack average$10,305

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

Town median 66.5%
This home · 86.7%

49%111%

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
44 WORTH ST.2025-05$590,0001,06153.0%
303 HAMILTON PL2026-04$330,00091053.2%
303 HAMILTON PL2025-07$416,1001,09648.0%
140 EUCLID AVE.2026-04$320,00096065.7%
140 EUCLID AVE.2025-12$315,00096066.7%
90 PROSPECT AVE2025-07$285,0001,00473.0%
420 PASSAIC ST2025-05$455,00099061.2%
303 HAMILTON PL2025-10$275,00074157.0%
493 W ANDERSON ST2025-10$499,00082431.9%
326 PROSPECT AVE2026-05$335,0001,15976.0%
326 PROSPECT AVE.2025-04$335,0001,15977.3%
233-35 WASHINGTON AVE.2025-05$752,0001,04442.5%

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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 →