The Fair Share Report

92 Lodi 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.

Step 1 · Market value

≈ $595,645

Likely range $550,818 – $735,558, from 12 comparable Hackensack sales in the past 18 months, at this home's 1,953 sq ft.

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 $595,645 home should be assessed near $444,232.

Step 3 · Assessed value

$399,600

Set at the last town-wide revaluation and mostly frozen since. That's $44,632 below what the ratio math suggests (10.0%).

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

$12,823/yr
Public schools$5,824
Bergen County$1,163
Town of Hackensack$5,836
Hackensack average$10,305

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

Town median 66.5%
This home · 67.1%

49%91%

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
242 THIRD ST.2025-05$640,0002,19454.7%
190 CENTRAL AVE2025-12$825,0002,20851.6%
125 KANSAS ST2025-11$599,0001,96461.0%
337 HUDSON ST2026-03$625,0002,18551.8%
309 LOOKOUT AVE2025-12$600,0001,97571.6%
27-29 MARTIN TERR2026-03$850,0001,72660.4%
280 CENTRAL AVE2026-02$510,0002,03250.3%
121 SUSSEX ST2025-01$425,0002,19783.8%
298 THIRD ST.2026-02$599,0001,82848.9%
115 FAIRMOUNT AVE2025-10$780,0002,07153.5%
114 LODI ST2025-09$493,0001,74865.9%
165 PINE ST2026-02$875,0002,11856.1%

Is this your house?

Run your own report →

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 →