The Fair Share Report

33 Centre Ave

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

≈ $856,143

Likely range $750,799 – $958,127, from 12 comparable Secaucus sales in the past 18 months, at this home's 3,089 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 $856,143 home should be assessed near $317,629.

Step 3 · Assessed value

$247,000

Set at the last town-wide revaluation and mostly frozen since. That's $70,629 below what the ratio math suggests (22.2%).

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

$10,542/yr
Public schools$3,612
Hudson County$2,107
Town of Secaucus$4,823
Secaucus average$7,664

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

Town median 27.9%
This home · 28.9%

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
711 SECOND STREET2025-02$342,8013,19251.9%
14 ARN TERRACE2025-09$775,0002,95025.4%
15 LUHMANN TERRACE2025-08$700,0002,88025.8%
70 SECOND AVENUE2026-01$850,0002,98632.9%
714 SIXTH STREET2026-06$750,0002,41822.1%
805 CEDAR AVE2025-02$999,9872,28221.5%
1 COVE COURT2026-02$1,100,0003,10429.8%
306 LINCOLN AVENUE2025-05$909,0003,18426.2%
672 CHESTNUT PLACE2026-04$825,0003,07237.0%
672 CHESTNUT PLACE2026-02$625,0003,07248.9%
225 GRACE AVENUE2025-05$760,0003,00333.5%
839 ROOSEVELT AVENUE2025-03$995,0003,59034.2%

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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 →