The Fair Share Report

689 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.

Step 1 · Market value

≈ $1,029,851

Likely range $906,356 – $1,178,826, from 12 comparable Secaucus sales in the past 18 months, at this home's 3,450 sq ft.

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 $1,029,851 home should be assessed near $382,075.

Step 3 · Assessed value

$280,900

Set at the last town-wide revaluation and mostly frozen since. That's $101,175 below what the ratio math suggests (26.5%).

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

$11,989/yr
Public schools$4,108
Hudson County$2,397
Town of Secaucus$5,484
Secaucus average$7,664

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

Town median 27.9%
This home · 27.3%

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
72 CENTRAL LANE2025-12$995,00010.5%
23 ELIZABETH COURT2025-04$1,295,0003,79028.4%
1133 STONEWALL LANE2026-03$760,0003,60029.0%
630 CHESTNUT PLACE2025-08$999,9993,23034.4%
28 ELIZABETH COURT2025-12$1,256,0003,18018.6%
6 EDNA PLACE2025-04$1,210,0002,83922.6%
14 ARN TERRACE2025-09$775,0002,95025.4%
839 ROOSEVELT AVENUE2025-03$995,0003,59034.2%
70 COUNTY AVENUE2025-10$1,200,0003,71314.4%
711 SECOND STREET2025-02$342,8013,19251.9%
187 PANDOLFI AVE2025-11$1,100,0002,75826.8%
306 LINCOLN AVENUE2025-05$909,0003,18426.2%

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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 →