The Fair Share Report
762 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 $444,100 – $702,922, 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 $519,067 home should be assessed near $192,574.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $89,174 below what the ratio math suggests (46.3%).
Step 4 · The tax rate — same for every Secaucus home
$1.462 Schools · 34% $0.853 County · 20% $1.952 Town · 46%
This home's own bill implies $4.026 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Secaucus sale · assessed ÷ market
9%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 |
|---|---|---|---|---|
| 697 FIRST STREET | 2025-12 | $680,000 | 1,008 | 23.1% |
| 1 ALLAN TERRACE | 2025-03 | $589,000 | 944 | 26.6% |
| 6 GAIL PLACE | 2025-08 | $725,000 | 1,024 | 21.9% |
| 675 EIGHTH STREET | 2025-02 | $725,000 | 938 | 24.0% |
| 273 JULIANNE TERRACE | 2025-06 | $727,500 | 1,092 | 23.6% |
| 731 FOURTH STREET | 2025-12 | $655,000 | 1,248 | 16.2% |
| 729 HUMBOLDT STREET | 2025-06 | $590,000 | 1,131 | 17.6% |
| 21 PIKEVIEW TERRACE | 2025-08 | $650,000 | 1,158 | 27.1% |
| 774 EIGHTH STREET | 2026-01 | $551,000 | 1,140 | 19.0% |
| 117 SUNSET KEY | 2026-05 | $470,000 | 1,006 | 27.1% |
| 331 SEA ISLE KEY | 2026-03 | $452,000 | 1,006 | 30.0% |
| 186 SANDCASTLE KEY | 2026-03 | $425,000 | 1,006 | 31.9% |
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