The Fair Share Report

974 Main 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

≈ $310,564

Likely range $289,514 – $320,510, 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 $310,564 home should be assessed near $231,619.

Step 3 · Assessed value

$225,600

Set at the last town-wide revaluation and mostly frozen since. That's $6,019 below what the ratio math suggests (2.6%).

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

$7,240/yr
Public schools$3,288
Bergen County$657
Town of Hackensack$3,295
Hackensack average$10,305

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

Town median 66.5%
This home · 72.6%

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
208 ANDERSON ST2026-04$299,0001,10068.7%
208 ANDERSON ST2025-08$318,0001,10077.9%
208 ANDERSON ST2025-03$310,0001,10076.3%
208 ANDERSON ST2025-03$280,0001,10073.3%
208 ANDERSON ST2025-03$319,0001,10078.2%
90 PROSPECT AVE2026-04$290,0001,11162.7%
90 PROSPECT AVE2025-04$296,0001,11159.6%
208 ANDERSON ST2025-06$328,0001,10065.5%
90 PROSPECT AVE2025-07$285,0001,00473.0%
90 PROSPECT AVE2025-09$249,5001,00477.3%
90 PROSPECT AVE2025-04$285,0001,00463.3%
303 HAMILTON PL2025-07$416,1001,09648.0%

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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 →