The Fair Share Report
694 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 $571,160 – $880,565, 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 $809,776 home should be assessed near $300,427.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $99,327 below what the ratio math suggests (33.1%).
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 |
|---|---|---|---|---|
| 8 MARIANNE TERRACE | 2025-08 | $825,000 | 1,675 | 28.8% |
| 8 MARIANNE TERRACE | 2025-02 | $515,000 | 1,675 | 46.1% |
| 1054 STONEWALL LANE | 2025-09 | $565,000 | 1,652 | 28.9% |
| 678 NINTH STREET | 2025-11 | $779,900 | 1,642 | 21.9% |
| 1074 GARRY TERRACE | 2026-05 | $800,000 | 1,561 | 22.0% |
| 1026 GILLIS PLACE | 2025-08 | $750,000 | 1,824 | 41.9% |
| 14 RADIO AVENUE | 2025-03 | $930,000 | 1,835 | 23.6% |
| 1493 PATERSON PLANK ROAD | 2025-12 | $1,120,000 | 1,887 | 30.5% |
| 15 MILL RIDGE ROAD | 2025-08 | $755,000 | 1,710 | 25.2% |
| 3 SPARMAN PLACE | 2026-02 | $745,000 | 1,495 | 29.8% |
| 691 NINTH STREET | 2025-06 | $960,000 | 1,930 | 19.4% |
| 92 HUBER STREET | 2025-06 | $700,000 | 1,473 | 24.0% |
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