The Fair Share Report
688 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 $988,144 – $1,396,293, 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 $1,173,134 home should be assessed near $435,233.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $10,433 below what the ratio math suggests (2.4%).
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 |
|---|---|---|---|---|
| 72 CENTRAL LANE | 2025-12 | $995,000 | — | 10.5% |
| 23 ELIZABETH COURT | 2025-04 | $1,295,000 | 3,790 | 28.4% |
| 70 COUNTY AVENUE | 2025-10 | $1,200,000 | 3,713 | 14.4% |
| 711 HUMBOLDT STREET | 2025-08 | $986,000 | 4,309 | 27.1% |
| 295 PAULANNE TERRACE | 2025-10 | $975,000 | 3,754 | 27.9% |
| 1133 STONEWALL LANE | 2026-03 | $760,000 | 3,600 | 29.0% |
| 22 ACORN ROAD | 2025-12 | $1,120,000 | 3,752 | 25.8% |
| 839 ROOSEVELT AVENUE | 2025-03 | $995,000 | 3,590 | 34.2% |
| 16 VILLAGE PLACE | 2025-11 | $1,055,000 | 3,729 | 25.7% |
| 630 CHESTNUT PLACE | 2025-08 | $999,999 | 3,230 | 34.4% |
| 28 ELIZABETH COURT | 2025-12 | $1,256,000 | 3,180 | 18.6% |
| 6 EDNA PLACE | 2025-04 | $1,210,000 | 2,839 | 22.6% |
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