The Fair Share Report

715 Second 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

≈ $538,917

Likely range $474,428 – $599,774, 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 $538,917 home should be assessed near $199,938.

Step 3 · Assessed value

$99,100

Set at the last town-wide revaluation and mostly frozen since. That's $100,838 below what the ratio math suggests (50.4%).

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

$4,230/yr
Public schools$1,449
Hudson County$846
Town of Secaucus$1,935
Secaucus average$7,664

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

Town median 27.9%
This home · 18.4%

11%48%

Keep quiet and enjoy it

This home's assessment ratio sits below the Secaucus pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.

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

AddressSoldPriceSq ftRatio
729 HUMBOLDT STREET2025-06$590,0001,13117.6%
774 EIGHTH STREET2026-01$551,0001,14019.0%
305 FRONT STREET2025-07$429,0001,06221.8%
778 SECOND STREET2026-01$460,0001,04723.0%
731 FOURTH STREET2025-12$655,0001,24816.2%
254 MAPLE STREET2025-09$570,0001,04418.6%
842 SEVENTH STREET2026-05$565,0001,19621.4%
244 CENTRE AVE2025-09$775,0001,27215.4%
840 ROOSEVELT AVENUE2026-03$690,0001,33020.2%
250 GRACE AVENUE2026-05$599,0001,40018.0%
241 GRACE AVENUE2026-03$725,0001,30913.9%
826 ROOSEVELT AVENUE2025-03$715,0001,51318.6%

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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 →