The Fair Share Report
837 Main 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 $342,918 – $489,485, 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 $428,820 home should be assessed near $319,814.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $40,386 above what the ratio math suggests (12.6%).
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%110%
A touch high — worth watching
This home's ratio sits above most of Hackensack, but doesn't clear NJ's legal appeal line (85.77%).
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 303 HAMILTON PL | 2025-07 | $416,100 | 1,096 | 48.0% |
| 27-29 MARTIN TERR | 2026-03 | $850,000 | 1,726 | 60.4% |
| 303 HAMILTON PL | 2026-04 | $330,000 | 910 | 53.2% |
| 54 POLIFLY RD | 2026-01 | $425,000 | 1,229 | 68.9% |
| 62 FREDERICK ST | 2026-05 | $589,000 | 1,227 | 50.8% |
| 54 POLIFLY RD | 2025-12 | $440,000 | 1,227 | 66.5% |
| 54 POLIFLY RD | 2025-04 | $410,000 | 1,220 | 70.7% |
| 90 PROSPECT AVE | 2026-04 | $290,000 | 1,111 | 62.7% |
| 420 PASSAIC ST | 2025-04 | $450,000 | 1,202 | 68.6% |
| 208 ANDERSON ST | 2026-04 | $299,000 | 1,100 | 68.7% |
| 208 ANDERSON ST | 2025-08 | $318,000 | 1,100 | 77.9% |
| 208 ANDERSON ST | 2025-03 | $310,000 | 1,100 | 76.3% |
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