The Fair Share Report
95 Frederick St
Hackensack, NJ 07608
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 $646,742 – $1,021,993, 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 $916,392 home should be assessed near $683,445.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $102,845 below what the ratio math suggests (15.0%).
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%95%
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 |
|---|---|---|---|---|
| 128 OLD HOBOKEN RD. | 2025-10 | $950,000 | 2,868 | 53.1% |
| 114 OLD HOBOKEN RD | 2025-02 | $1,099,000 | — | 68.2% |
| 119 UNION ST | 2026-01 | $780,000 | 2,900 | 60.6% |
| 256 SECOND ST. | 2025-09 | $735,000 | 3,220 | 71.8% |
| 413 ESSEX ST | 2025-01 | $900,000 | 2,504 | 54.8% |
| 140 HOPPER ST. | 2025-01 | $850,000 | 2,388 | 58.1% |
| 225 CATALPA AVE | 2025-12 | $800,000 | 2,550 | 65.1% |
| 146 HOBART ST | 2025-12 | $590,000 | 2,484 | 65.6% |
| 209 PASSAIC ST | 2026-05 | $750,000 | 2,774 | 62.6% |
| 136-38 PINE ST | 2025-06 | $850,000 | 2,396 | 58.9% |
| 436 SUMMIT AVE | 2025-08 | $793,000 | 3,327 | 91.4% |
| 119 JOHN ST | 2025-02 | $550,000 | 2,298 | 81.8% |
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