The Fair Share Report

762 Eighth 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

≈ $662,411

Likely range $602,802 – $757,666, 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 $662,411 home should be assessed near $245,754.

Step 3 · Assessed value

$184,600

Set at the last town-wide revaluation and mostly frozen since. That's $61,154 below what the ratio math suggests (24.9%).

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

$7,879/yr
Public schools$2,699
Hudson County$1,575
Town of Secaucus$3,604
Secaucus average$7,664

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

Town median 27.9%
This home · 27.9%

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
840 EIGHTH STREET2025-05$730,0001,93217.2%
1493 PATERSON PLANK ROAD2025-12$1,120,0001,88730.5%
768 FOURTH STREET2026-05$738,0001,95819.4%
10 RAYDOL AVENUE2026-03$850,0001,92020.0%
728 IRVING PLACE2026-03$775,0002,04623.6%
506 TEAL PLAZA2025-09$590,0001,86131.4%
380 WHIMBREL LANE2025-08$607,0001,86129.6%
510 TEAL PLAZA2025-01$618,0001,86129.1%
468 TEAL PLAZA2026-06$626,9001,83626.9%
584 SANDERLING CT2025-08$584,0001,83628.9%
691 NINTH STREET2025-06$960,0001,93019.4%
806 HARMON COVE TOWERS2026-04$505,0001,84233.1%

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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 →