The Fair Share Report

761 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

≈ $699,636

Likely range $612,873 – $797,634, 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 $699,636 home should be assessed near $259,565.

Step 3 · Assessed value

$137,000

Set at the last town-wide revaluation and mostly frozen since. That's $122,565 below what the ratio math suggests (47.2%).

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

$5,847/yr
Public schools$2,003
Hudson County$1,169
Town of Secaucus$2,675
Secaucus average$7,664

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

Town median 27.9%
This home · 19.6%

12%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
241 GRACE AVENUE2026-03$725,0001,30913.9%
320 CLARENDON STREET2025-04$705,0001,55416.7%
250 GRACE AVENUE2026-05$599,0001,40018.0%
826 ROOSEVELT AVENUE2025-03$715,0001,51318.6%
842 SEVENTH STREET2026-05$565,0001,19621.4%
232 CENTRE AVE2025-07$677,0001,88617.7%
179 FRANKLIN STREET2025-01$775,0001,68015.9%
718 FIRST STREET2026-05$690,0001,32016.1%
127 CENTRE AVE2025-01$715,0001,87218.5%
305 FRONT STREET2025-07$429,0001,06221.8%
778 SECOND STREET2026-01$460,0001,04723.0%
840 ROOSEVELT AVENUE2026-03$690,0001,33020.2%

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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 →