The Fair Share Report
86 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 $333,233 – $465,247, 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 $364,659 home should be assessed near $271,963.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $80,437 above what the ratio math suggests (29.6%).
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%111%
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 |
|---|---|---|---|---|
| 44 WORTH ST. | 2025-05 | $590,000 | 1,061 | 53.0% |
| 303 HAMILTON PL | 2025-07 | $416,100 | 1,096 | 48.0% |
| 303 HAMILTON PL | 2026-04 | $330,000 | 910 | 53.2% |
| 119 POPLAR AVE | 2025-06 | $465,000 | 1,363 | 73.9% |
| 178 FAIRMOUNT AVE | 2025-11 | $584,000 | 1,248 | 60.4% |
| 326 PROSPECT AVE | 2026-05 | $335,000 | 1,159 | 76.0% |
| 326 PROSPECT AVE. | 2025-04 | $335,000 | 1,159 | 77.3% |
| 90 PROSPECT AVE | 2026-04 | $290,000 | 1,111 | 62.7% |
| 326 PROSPECT AVE | 2026-05 | $370,000 | 1,159 | 67.3% |
| 326 PROSPECT AVE. | 2026-04 | $345,000 | 1,159 | 71.4% |
| 326 PROSPECT AVE. | 2025-10 | $360,000 | 1,159 | 69.2% |
| 326 PROSPECT AVE | 2025-07 | $350,000 | 1,159 | 83.2% |
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