The Fair Share Report

732 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

≈ $694,171

Likely range $629,390 – $809,546, 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 $694,171 home should be assessed near $257,537.

Step 3 · Assessed value

$164,200

Set at the last town-wide revaluation and mostly frozen since. That's $93,337 below what the ratio math suggests (36.2%).

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

$7,008/yr
Public schools$2,401
Hudson County$1,401
Town of Secaucus$3,206
Secaucus average$7,664

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

Town median 27.9%
This home · 23.7%

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
4 MARIANNE TERRACE2026-02$845,0001,41419.7%
149 CHARLES STREET2026-05$747,0001,43620.8%
729 FIRST STREET2026-04$600,0001,29626.5%
92 HUBER STREET2025-06$700,0001,47324.0%
72 CENTRAL LANE2025-12$995,00010.5%
1074 GARRY TERRACE2026-05$800,0001,56122.0%
3 SPARMAN PLACE2026-02$745,0001,49529.8%
2 ALLAN TERRACE2025-06$710,0001,19524.4%
8 MARIANNE TERRACE2025-08$825,0001,67528.8%
8 MARIANNE TERRACE2025-02$515,0001,67546.1%
34 ELIZABETH COURT2025-11$775,0001,24823.3%
1054 STONEWALL LANE2025-09$565,0001,65228.9%

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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 →