The Fair Share Report

3 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.

Step 1 · Market value

≈ $378,772

Likely range $355,827 – $429,085, from 12 comparable Secaucus sales in the past 18 months, at this home's 955 sq ft.

Step 2 · The Director's Ratio

37.10%

The state's official measure of how far Secaucus assessments sit below market value — republished every October, applied town-wide. A $378,772 home should be assessed near $140,524.

Step 3 · Assessed value

$118,400

Set at the last town-wide revaluation and mostly frozen since. That's $22,124 below what the ratio math suggests (15.7%).

Step 4 · The tax rate — same for every Secaucus home

$4.267 per $100 assessed

$1.462 Schools · 34% $0.853 County · 20% $1.952 Town · 46%

Step 5 · The bill

$5,053/yr
Public schools$1,731
Hudson County$1,010
Town of Secaucus$2,312
Secaucus average$7,664

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

Town median 27.9%
This home · 31.3%

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)

AddressSoldPriceSq ftRatio
82 RIVERVIEW COURT2025-11$329,00088332.0%
75 RIVERVIEW COURT2025-11$329,90088331.9%
1136 HARMON COVE TOWERS2026-01$275,00098438.3%
18 NORTHEND DR2025-01$380,0001,01327.9%
414 HARMON COVE TOWERS2025-12$275,0001,01137.4%
35 RIVERVIEW COURT2026-05$530,0001,10423.5%
12 RIVERVIEW COURT2025-05$420,0001,10429.7%
36 NORTHEND DRIVE2025-06$375,0001,03929.5%
2 RADIO AVENUE2026-04$365,00087834.0%
117 SUNSET KEY2026-05$470,0001,00627.1%
331 SEA ISLE KEY2026-03$452,0001,00630.0%
186 SANDCASTLE KEY2026-03$425,0001,00631.9%

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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 →