The Fair Share Report

699 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

≈ $817,724

Likely range $652,976 – $991,483, 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 $817,724 home should be assessed near $303,376.

Step 3 · Assessed value

$281,800

Set at the last town-wide revaluation and mostly frozen since. That's $21,576 below what the ratio math suggests (7.1%).

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

$12,027/yr
Public schools$4,121
Hudson County$2,404
Town of Secaucus$5,502
Secaucus average$7,664

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

Town median 27.9%
This home · 34.5%

14%49%

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
4 GAIL PLACE2026-01$825,0002,53524.6%
17 ARN TERRACE2025-09$720,0002,14425.0%
713 HUMBOLDT STREET2025-12$850,0002,35120.2%
700 NINTH STREET2026-05$1,099,0002,25018.5%
187 PANDOLFI AVE2025-11$1,100,0002,75826.8%
1 LANZA LANE2025-11$850,0002,55221.4%
24 VALLEY COURT2026-05$850,0002,64326.1%
568 SANDERLING CT2025-09$590,0002,44438.2%
498 TEAL PLAZA2025-08$695,0002,44432.5%
556 SANDERLING CT2025-05$635,0002,44435.5%
6 EDNA PLACE2025-04$1,210,0002,83922.6%
274 GRACE AVENUE2025-09$650,0002,32536.6%

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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 →