The Fair Share Report

97 Coles 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.

Step 1 · Market value

≈ $299,526

Likely range $255,314 – $463,133, from 12 comparable Hackensack sales in the past 18 months (home size estimated from assessor data — range widened).

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 $299,526 home should be assessed near $223,386.

Step 3 · Assessed value

$261,500

Set at the last town-wide revaluation and mostly frozen since. That's $38,114 above what the ratio math suggests (17.1%).

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

$8,392/yr
Public schools$3,811
Bergen County$761
Town of Hackensack$3,819
Hackensack average$10,305

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

Town median 66.5%
This home · 87.3%

49%108%

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
303 HAMILTON PL2025-10$275,00074157.0%
216 LINCOLN ST2025-02$515,50087053.6%
89 KANSAS ST2025-06$295,00071751.6%
220 LINCOLN ST2025-02$550,00086252.6%
303 HAMILTON PL2026-04$330,00091053.2%
420 PASSAIC ST2025-04$315,00074069.2%
493 W ANDERSON ST2025-10$499,00082431.9%
300 LOOKOUT AVE2025-03$338,00076957.0%
47 CAMPBELL AVE2025-01$340,00076068.7%
208 ANDERSON ST2026-04$245,00080065.7%
208 ANDERSON ST2025-08$253,50080064.0%
208 ANDERSON ST2025-06$290,00080069.1%

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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 →