The Fair Share Report
765 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $378,174 – $579,510, 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 $508,311 home should be assessed near $188,583.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $93,583 below what the ratio math suggests (49.6%).
Step 4 · The tax rate — same for every Secaucus home
$1.462 Schools · 34% $0.853 County · 20% $1.952 Town · 46%
Step 5 · The bill
This home vs. every recent Secaucus sale · assessed ÷ market
11%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 |
|---|---|---|---|---|
| 305 FRONT STREET | 2025-07 | $429,000 | 1,062 | 21.8% |
| 778 SECOND STREET | 2026-01 | $460,000 | 1,047 | 23.0% |
| 254 MAPLE STREET | 2025-09 | $570,000 | 1,044 | 18.6% |
| 842 SEVENTH STREET | 2026-05 | $565,000 | 1,196 | 21.4% |
| 241 GRACE AVENUE | 2026-03 | $725,000 | 1,309 | 13.9% |
| 774 EIGHTH STREET | 2026-01 | $551,000 | 1,140 | 19.0% |
| 729 HUMBOLDT STREET | 2025-06 | $590,000 | 1,131 | 17.6% |
| 718 FIRST STREET | 2026-05 | $690,000 | 1,320 | 16.1% |
| 720 HUDSON AVENUE | 2026-04 | $450,000 | 841 | 26.4% |
| 24 NORTHEND DRIVE | 2025-08 | $405,000 | 1,083 | 27.0% |
| 719 HARMON COVE TOWERS | 2025-06 | $380,000 | 1,085 | 31.3% |
| 539 TEAL PLAZA | 2025-05 | $370,000 | 1,090 | 34.2% |
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