The Fair Share Report
767 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 $535,037 – $725,693, 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 $650,259 home should be assessed near $241,246.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $101,246 below what the ratio math suggests (42.0%).
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 $4.089 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
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 72 CENTRAL LANE | 2025-12 | $995,000 | — | 10.5% |
| 842 SEVENTH STREET | 2026-05 | $565,000 | 1,196 | 21.4% |
| 781 SECOND STREET | 2026-03 | $1,330,000 | — | 22.0% |
| 718 FIRST STREET | 2026-05 | $690,000 | 1,320 | 16.1% |
| 241 GRACE AVENUE | 2026-03 | $725,000 | 1,309 | 13.9% |
| 305 FRONT STREET | 2025-07 | $429,000 | 1,062 | 21.8% |
| 244 CENTRE AVE | 2025-09 | $775,000 | 1,272 | 15.4% |
| 778 SECOND STREET | 2026-01 | $460,000 | 1,047 | 23.0% |
| 254 MAPLE STREET | 2025-09 | $570,000 | 1,044 | 18.6% |
| 21 PIKEVIEW TERRACE | 2025-08 | $650,000 | 1,158 | 27.1% |
| 2 ALLAN TERRACE | 2025-06 | $710,000 | 1,195 | 24.4% |
| 34 ELIZABETH COURT | 2025-11 | $775,000 | 1,248 | 23.3% |
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