The Fair Share Report
698 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $640,233 – $823,494, 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 $706,130 home should be assessed near $261,974.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $95,874 below what the ratio math suggests (36.6%).
Step 4 · The tax rate — same for every Secaucus home
$1.462 Schools · 34% $0.853 County · 20% $1.952 Town · 46%
This home's own bill implies $4.117 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
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 |
|---|---|---|---|---|
| 4 MARIANNE TERRACE | 2026-02 | $845,000 | 1,414 | 19.7% |
| 149 CHARLES STREET | 2026-05 | $747,000 | 1,436 | 20.8% |
| 72 CENTRAL LANE | 2025-12 | $995,000 | — | 10.5% |
| 92 HUBER STREET | 2025-06 | $700,000 | 1,473 | 24.0% |
| 729 FIRST STREET | 2026-04 | $600,000 | 1,296 | 26.5% |
| 1074 GARRY TERRACE | 2026-05 | $800,000 | 1,561 | 22.0% |
| 3 SPARMAN PLACE | 2026-02 | $745,000 | 1,495 | 29.8% |
| 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% |
| 2 ALLAN TERRACE | 2025-06 | $710,000 | 1,195 | 24.4% |
| 678 NINTH STREET | 2025-11 | $779,900 | 1,642 | 21.9% |
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