The Fair Share Report
725 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $780,395 – $995,066, 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 $877,410 home should be assessed near $325,519.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $35,319 below what the ratio math suggests (10.9%).
Step 4 · The tax rate — same for every Secaucus home
$1.462 Schools · 34% $0.853 County · 20% $1.952 Town · 46%
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 |
|---|---|---|---|---|
| 1 COVE COURT | 2026-02 | $1,100,000 | 3,104 | 29.8% |
| 4 LIBERTY COURT | 2025-01 | $797,000 | 2,600 | 33.0% |
| 769 NINTH STREET | 2025-02 | $840,000 | 2,672 | 28.4% |
| 1042 KOELLE BOULEVARD | 2025-03 | $930,000 | 2,964 | 30.6% |
| 25 JACOB'S LANDING WAY | 2026-05 | $930,000 | 2,800 | 41.4% |
| 2 JACOB'S LANDING WAY | 2025-11 | $970,000 | 2,800 | 39.2% |
| 17 JACOB'S LANDING WAY | 2025-03 | $890,000 | 2,800 | 38.8% |
| 1025 KOELLE BOULEVARD | 2025-10 | $951,000 | 2,843 | 24.6% |
| 225 GRACE AVENUE | 2025-05 | $760,000 | 3,003 | 33.5% |
| 1029 KOELLE BOULEVARD | 2026-01 | $740,000 | 2,570 | 29.7% |
| 568 SANDERLING CT | 2025-09 | $590,000 | 2,444 | 38.2% |
| 498 TEAL PLAZA | 2025-08 | $695,000 | 2,444 | 32.5% |
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