The Fair Share Report

760 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

≈ $663,263

Likely range $567,688 – $788,475, 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 $663,263 home should be assessed near $246,071.

Step 3 · Assessed value

$135,000

Set at the last town-wide revaluation and mostly frozen since. That's $111,071 below what the ratio math suggests (45.1%).

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 $4.083 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$5,512/yr
Public schools$1,889
Hudson County$1,102
Town of Secaucus$2,521
Secaucus average$7,664

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

Town median 27.9%
This home · 20.4%

12%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
241 GRACE AVENUE2026-03$725,0001,30913.9%
718 FIRST STREET2026-05$690,0001,32016.1%
250 GRACE AVENUE2026-05$599,0001,40018.0%
320 CLARENDON STREET2025-04$705,0001,55416.7%
842 SEVENTH STREET2026-05$565,0001,19621.4%
826 ROOSEVELT AVENUE2025-03$715,0001,51318.6%
113 CENTRE AVENUE2025-02$705,0001,93421.1%
232 CENTRE AVE2025-07$677,0001,88617.7%
179 FRANKLIN STREET2025-01$775,0001,68015.9%
305 FRONT STREET2025-07$429,0001,06221.8%
127 CENTRE AVE2025-01$715,0001,87218.5%
778 SECOND STREET2026-01$460,0001,04723.0%

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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 →