The Fair Share Report
62 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 $735,097 – $1,060,343, 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 $786,600 home should be assessed near $291,829.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $38,629 below what the ratio math suggests (13.2%).
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 |
|---|---|---|---|---|
| 805 CEDAR AVE | 2025-02 | $999,987 | 2,282 | 21.5% |
| 3 RAYDOL AVENUE | 2025-08 | $795,000 | 2,605 | 33.5% |
| 813 SIXTH STREET | 2025-12 | $865,000 | 2,553 | 24.0% |
| 773 SEVENTH ST | 2025-03 | $610,000 | 2,162 | 19.1% |
| 750 IRVING PLACE | 2026-03 | $900,000 | 2,315 | 21.6% |
| 825 EIGHTH STREET | 2025-10 | $850,000 | 2,884 | 23.9% |
| 714 SIXTH STREET | 2026-06 | $750,000 | 2,418 | 22.1% |
| 15 LUHMANN TERRACE | 2025-08 | $700,000 | 2,880 | 25.8% |
| 162 HUBER STREET | 2026-01 | $750,000 | 1,912 | 16.2% |
| 284 BORN STREET | 2025-02 | $745,000 | 1,896 | 24.4% |
| 2 RAYDOL AVENUE | 2025-10 | $860,000 | 2,064 | 18.6% |
| 127 CENTRE AVE | 2025-01 | $715,000 | 1,872 | 18.5% |
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