The Fair Share Report
839 Summit Ave
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 $365,403 – $658,275, 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 $472,995 home should be assessed near $352,760.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $25,140 above what the ratio math suggests (7.1%).
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%109%
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 |
|---|---|---|---|---|
| 262 SPRING VALLEY AVE. | 2026-05 | $680,000 | 1,250 | 50.2% |
| 140 WILSON ST | 2025-12 | $615,000 | 1,168 | 56.5% |
| 105 ALLEN ST | 2026-02 | $600,000 | 1,238 | 65.8% |
| 306 MARY ST | 2026-04 | $615,000 | 1,254 | 58.4% |
| 140 EUCLID AVE. | 2025-12 | $352,000 | 1,170 | 72.4% |
| 140 EUCLID AVE. | 2025-12 | $364,900 | 1,170 | 64.4% |
| 140 EUCLID AVE. | 2025-08 | $431,000 | 1,170 | 59.2% |
| 140 EUCLID AVE. | 2025-07 | $435,000 | 1,170 | 58.6% |
| 140 EUCLID AVE. | 2025-02 | $430,000 | 1,170 | 61.9% |
| 62 FREDERICK ST | 2026-05 | $589,000 | 1,227 | 50.8% |
| 178 FAIRMOUNT AVE | 2025-11 | $584,000 | 1,248 | 60.4% |
| 90 PROSPECT AVE | 2026-04 | $290,000 | 1,111 | 62.7% |
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