The Fair Share Report
93 Fair 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 $508,925 – $700,266, 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 $600,857 home should be assessed near $448,119.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $87,419 below what the ratio math suggests (19.5%).
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
46%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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 253 SUTTON AVE | 2025-11 | $538,000 | 1,678 | 71.3% |
| 27-29 MARTIN TERR | 2026-03 | $850,000 | 1,726 | 60.4% |
| 345 FIRST ST. | 2025-01 | $430,000 | 1,691 | 71.9% |
| 122 DAVIS AVE | 2025-07 | $610,000 | 1,668 | 62.7% |
| 131 DAVIS AVE | 2025-11 | $581,000 | 1,649 | 62.0% |
| 131 DAVIS AVE | 2025-06 | $380,000 | 1,649 | 94.8% |
| 418 TAYLOR AVE | 2026-03 | $655,000 | 1,545 | 53.1% |
| 195 STANLEY PL | 2025-08 | $705,000 | 1,701 | 57.1% |
| 64 DAVIS AV | 2026-06 | $680,000 | 1,532 | 58.2% |
| 88 SUSSEX ST | 2025-09 | $550,000 | 1,622 | 51.4% |
| 268 MARVIN AVE | 2025-07 | $550,000 | 1,402 | 62.3% |
| 34 EMERALD ST | 2025-01 | $400,000 | 1,461 | 80.5% |
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