The Fair Share Report

691 Second St

Secaucus, NJ 07030

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

≈ $688,738

Likely range $610,435 – $823,497, 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 $688,738 home should be assessed near $255,522.

Step 3 · Assessed value

$154,700

Set at the last town-wide revaluation and mostly frozen since. That's $100,822 below what the ratio math suggests (39.5%).

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

$6,603/yr
Public schools$2,262
Hudson County$1,320
Town of Secaucus$3,020
Secaucus average$7,664

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

Town median 27.9%
This home · 22.5%

13%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%
729 FIRST STREET2026-04$600,0001,29626.5%
4 MARIANNE TERRACE2026-02$845,0001,41419.7%
149 CHARLES STREET2026-05$747,0001,43620.8%
34 ELIZABETH COURT2025-11$775,0001,24823.3%
21 PIKEVIEW TERRACE2025-08$650,0001,15827.1%
92 HUBER STREET2025-06$700,0001,47324.0%
2 ALLAN TERRACE2025-06$710,0001,19524.4%
1074 GARRY TERRACE2026-05$800,0001,56122.0%
273 JULIANNE TERRACE2025-06$727,5001,09223.6%
211 CENTRE AVENUE2025-02$620,0001,36320.4%
1137 STONEWALL LANE2025-10$735,0001,12421.2%

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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 →