The Fair Share Report

703 First St

Secaucus, NJ 07094

The town catches up with market prices only once a year — and only on average. This report checks whether this house's assessment kept pace.

This home's payments are about right

It sits inside Secaucus's normal range — market price changes haven't singled it out. No case for a tax appeal.

Step 1 · Market value

≈ $750,143

Likely range $587,519 – $896,017, 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 $750,143 home should be assessed near $278,303.

Step 3 · Assessed value

$195,300

Set at the last town-wide revaluation and mostly frozen since. That's $83,003 below what the ratio math suggests (29.8%).

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

$8,335/yr
Public schools$2,856
Hudson County$1,666
Town of Secaucus$3,813
Secaucus average$7,664

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

Town median 27.9%
This home · 26.0%

14%48%

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
72 CENTRAL LANE2025-12$995,00010.5%
8 MARIANNE TERRACE2025-08$825,0001,67528.8%
8 MARIANNE TERRACE2025-02$515,0001,67546.1%
1054 STONEWALL LANE2025-09$565,0001,65228.9%
678 NINTH STREET2025-11$779,9001,64221.9%
1074 GARRY TERRACE2026-05$800,0001,56122.0%
1041 STONEWALL LANE2025-11$912,0001,64619.2%
1026 GILLIS PLACE2025-08$750,0001,82441.9%
9 RAYDOL AVENUE2026-05$530,0001,65930.5%
14 RADIO AVENUE2025-03$930,0001,83523.6%
15 MILL RIDGE ROAD2025-08$755,0001,71025.2%
4 RAYDOL AVENUE2025-04$725,0001,70422.0%

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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 →