The Fair Share Report

697 First 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

≈ $565,803

Likely range $452,899 – $671,538, from 12 comparable Secaucus sales in the past 18 months, at this home's 1,008 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 $565,803 home should be assessed near $209,913.

Step 3 · Assessed value

$157,300

Set at the last town-wide revaluation and mostly frozen since. That's $52,613 below what the ratio math suggests (25.1%).

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

$6,714/yr
Public schools$2,300
Hudson County$1,342
Town of Secaucus$3,071
Secaucus average$7,664

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

Town median 27.9%
This home · 27.8%

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 GAIL PLACE2025-08$725,0001,02421.9%
72 CENTRAL LANE2025-12$995,00010.5%
273 JULIANNE TERRACE2025-06$727,5001,09223.6%
1 ALLAN TERRACE2025-03$589,00094426.6%
675 EIGHTH STREET2025-02$725,00093824.0%
21 PIKEVIEW TERRACE2025-08$650,0001,15827.1%
1137 STONEWALL LANE2025-10$735,0001,12421.2%
2 ALLAN TERRACE2025-06$710,0001,19524.4%
117 SUNSET KEY2026-05$470,0001,00627.1%
331 SEA ISLE KEY2026-03$452,0001,00630.0%
186 SANDCASTLE KEY2026-03$425,0001,00631.9%
246 SUNSET KEY2026-02$527,5001,00625.7%

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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 →