The Fair Share Report
2 River Rd
Secaucus, NJ 07094
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 $353,913 – $422,557, from 12 comparable Secaucus 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 Secaucus assessments sit below market value — republished every October, applied town-wide. A $379,625 home should be assessed near $140,841.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $41,641 below what the ratio math suggests (29.6%).
Step 4 · The tax rate — same for every Secaucus home
$1.462 Schools · 34% $0.853 County · 20% $1.952 Town · 46%
Step 5 · The bill
This home vs. every recent Secaucus sale · assessed ÷ market
14%48%
Paying about right
This home's ratio lands inside Secaucus'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 |
|---|---|---|---|---|
| 34 GREEN VALLEY COURT | 2025-11 | $420,000 | 1,295 | 28.8% |
| 39 GREEN VALLEY COURT | 2025-08 | $422,000 | 1,287 | 29.6% |
| 921 HARMON COVE TOWERS | 2025-02 | $385,000 | 1,361 | 31.4% |
| 121 HARMON COVE TOWERS | 2025-01 | $360,000 | 1,361 | 31.1% |
| 1502 HARMON COVE TOWERS | 2025-09 | $410,000 | 1,367 | 31.9% |
| 1608 HARMON COVE TOWERS | 2025-08 | $395,000 | 1,367 | 33.4% |
| 708 HARMON COVE TOWERS | 2025-07 | $420,000 | 1,367 | 30.8% |
| 532 HARMON COVE TOWERS | 2025-03 | $410,000 | 1,367 | 34.5% |
| 427 HARMON COVE TOWERS | 2026-06 | $380,000 | 1,379 | 32.7% |
| 1527 HARMON COVE TOWERS | 2026-06 | $390,000 | 1,379 | 37.0% |
| 625 HARMON COVE TOWERS | 2025-11 | $365,000 | 1,379 | 34.6% |
| 624 HARMON COVE TOWERS | 2025-06 | $370,000 | 1,379 | 34.2% |
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