The Fair Share Report
687 Second St
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 $908,939 – $1,258,822, 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 $1,097,977 home should be assessed near $407,349.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $9,049 below what the ratio math suggests (2.2%).
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%49%
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 |
|---|---|---|---|---|
| 72 CENTRAL LANE | 2025-12 | $995,000 | — | 10.5% |
| 736 HUDSON AVENUE | 2025-05 | $1,300,000 | 4,350 | 28.3% |
| 690 GOLDEN AVENUE | 2025-07 | $1,290,000 | 3,870 | 28.2% |
| 16 VILLAGE PLACE | 2025-11 | $1,055,000 | 3,729 | 25.7% |
| 295 PAULANNE TERRACE | 2025-10 | $975,000 | 3,754 | 27.9% |
| 23 ELIZABETH COURT | 2025-04 | $1,295,000 | 3,790 | 28.4% |
| 70 COUNTY AVENUE | 2025-10 | $1,200,000 | 3,713 | 14.4% |
| 225 GRACE AVENUE | 2025-05 | $760,000 | 3,003 | 33.5% |
| 22 ACORN ROAD | 2025-12 | $1,120,000 | 3,752 | 25.8% |
| 25 JACOB'S LANDING WAY | 2026-05 | $930,000 | 2,800 | 41.4% |
| 2 JACOB'S LANDING WAY | 2025-11 | $970,000 | 2,800 | 39.2% |
| 17 JACOB'S LANDING WAY | 2025-03 | $890,000 | 2,800 | 38.8% |
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