The Fair Share Report

70 Second Ave

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

≈ $827,596

Likely range $725,764 – $1,082,686, from 12 comparable Secaucus sales in the past 18 months, at this home's 2,986 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 $827,596 home should be assessed near $307,038.

Step 3 · Assessed value

$279,800

Set at the last town-wide revaluation and mostly frozen since. That's $27,238 below what the ratio math suggests (8.9%).

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%

This home's own bill implies $4.179 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$11,692/yr
Public schools$4,006
Hudson County$2,337
Town of Secaucus$5,349
Secaucus average$7,664

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

Town median 27.9%
This home · 33.8%

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
14 ARN TERRACE2025-09$775,0002,95025.4%
672 CHESTNUT PLACE2026-04$825,0003,07237.0%
672 CHESTNUT PLACE2026-02$625,0003,07248.9%
1133 STONEWALL LANE2026-03$760,0003,60029.0%
6 EDNA PLACE2025-04$1,210,0002,83922.6%
187 PANDOLFI AVE2025-11$1,100,0002,75826.8%
28 ELIZABETH COURT2025-12$1,256,0003,18018.6%
630 CHESTNUT PLACE2025-08$999,9993,23034.4%
52 FAIRVIEW AVENUE2025-10$1,037,0002,86025.3%
839 ROOSEVELT AVENUE2025-03$995,0003,59034.2%
711 SECOND STREET2025-02$342,8013,19251.9%
4 GAIL PLACE2026-01$825,0002,53524.6%

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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 →