The Fair Share Report

689 Eighth 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.

Step 1 · Market value

≈ $960,032

Likely range $881,756 – $1,188,221, from 12 comparable Secaucus sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

37.10%

The state's official measure of how far Secaucus assessments sit below market value — republished every October, applied town-wide. A $960,032 home should be assessed near $356,172.

Step 3 · Assessed value

$315,700

Set at the last town-wide revaluation and mostly frozen since. That's $40,472 below what the ratio math suggests (11.4%).

Step 4 · The tax rate — same for every Secaucus home

$4.267 per $100 assessed

$1.462 Schools · 34% $0.853 County · 20% $1.952 Town · 46%

Step 5 · The bill

$13,474/yr
Public schools$4,617
Hudson County$2,694
Town of Secaucus$6,164
Secaucus average$7,664

This home vs. every recent Secaucus sale · assessed ÷ market

Town median 27.9%
This home · 32.9%

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)

AddressSoldPriceSq ftRatio
6 EDNA PLACE2025-04$1,210,0002,83922.6%
72 CENTRAL LANE2025-12$995,00010.5%
52 FAIRVIEW AVENUE2025-10$1,037,0002,86025.3%
187 PANDOLFI AVE2025-11$1,100,0002,75826.8%
14 ARN TERRACE2025-09$775,0002,95025.4%
1025 KOELLE BOULEVARD2025-10$951,0002,84324.6%
28 ELIZABETH COURT2025-12$1,256,0003,18018.6%
1 LANZA LANE2025-11$850,0002,55221.4%
4 GAIL PLACE2026-01$825,0002,53524.6%
630 CHESTNUT PLACE2025-08$999,9993,23034.4%
24 VALLEY COURT2026-05$850,0002,64326.1%
70 SECOND AVENUE2026-01$850,0002,98632.9%

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Estimates from public records — NJ MOD-IV assessments, SR1A usable sales, and Treasury/DCA rate tables. Your house has a history. Write the next chapter on Plotline →