The Fair Share Report
56 Second 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $628,725 – $815,023, 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 $700,268 home should be assessed near $259,799.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $112,099 below what the ratio math suggests (43.1%).
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
13%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 |
|---|---|---|---|---|
| 826 ROOSEVELT AVENUE | 2025-03 | $715,000 | 1,513 | 18.6% |
| 814 FIRST STREET | 2025-12 | $775,000 | 1,603 | 19.4% |
| 320 CLARENDON STREET | 2025-04 | $705,000 | 1,554 | 16.7% |
| 840 ROOSEVELT AVENUE | 2026-03 | $690,000 | 1,330 | 20.2% |
| 4 RAYDOL AVENUE | 2025-04 | $725,000 | 1,704 | 22.0% |
| 250 GRACE AVENUE | 2026-05 | $599,000 | 1,400 | 18.0% |
| 179 FRANKLIN STREET | 2025-01 | $775,000 | 1,680 | 15.9% |
| 244 CENTRE AVE | 2025-09 | $775,000 | 1,272 | 15.4% |
| 731 FOURTH STREET | 2025-12 | $655,000 | 1,248 | 16.2% |
| 6 RAYDOL AVENUE | 2025-04 | $700,000 | 1,729 | 22.0% |
| 9 RAYDOL AVENUE | 2026-05 | $530,000 | 1,659 | 30.5% |
| 1041 STONEWALL LANE | 2025-11 | $912,000 | 1,646 | 19.2% |
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