The Fair Share Report
687 Third 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 $718,807 – $1,076,744, 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 $854,441 home should be assessed near $316,998.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $75,698 below what the ratio math suggests (23.9%).
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 |
|---|---|---|---|---|
| 16 ARN TERRACE | 2026-06 | $750,000 | 2,034 | 26.0% |
| 17 ARN TERRACE | 2025-09 | $720,000 | 2,144 | 25.0% |
| 6 WALTER PLACE | 2026-04 | $999,999 | 2,102 | 29.2% |
| 691 NINTH STREET | 2025-06 | $960,000 | 1,930 | 19.4% |
| 700 NINTH STREET | 2026-05 | $1,099,000 | 2,250 | 18.5% |
| 728 IRVING PLACE | 2026-03 | $775,000 | 2,046 | 23.6% |
| 1493 PATERSON PLANK ROAD | 2025-12 | $1,120,000 | 1,887 | 30.5% |
| 72 CENTRAL LANE | 2025-12 | $995,000 | — | 10.5% |
| 1026 GILLIS PLACE | 2025-08 | $750,000 | 1,824 | 41.9% |
| 14 RADIO AVENUE | 2025-03 | $930,000 | 1,835 | 23.6% |
| 10 RAYDOL AVENUE | 2026-03 | $850,000 | 1,920 | 20.0% |
| 8 MARIANNE TERRACE | 2025-08 | $825,000 | 1,675 | 28.8% |
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