The Fair Share Report

776 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

≈ $414,601

Likely range $374,040 – $617,466, 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 $414,601 home should be assessed near $153,817.

Step 3 · Assessed value

$128,600

Set at the last town-wide revaluation and mostly frozen since. That's $25,217 below what the ratio math suggests (16.4%).

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

$5,489/yr
Public schools$1,881
Hudson County$1,097
Town of Secaucus$2,511
Secaucus average$7,664

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

Town median 27.9%
This home · 31.0%

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
5 BLANCHE STREET2025-12$650,0001,48820.1%
261 SUNSET KEY2026-05$430,0001,45238.7%
24 MARINA KEY2026-03$628,3001,45226.5%
128 SANDPIPER KEY2025-10$610,0001,45227.3%
24 MARINA KEY2025-03$590,0001,45228.2%
266 SUNSET KEY2025-02$522,0001,45231.9%
427 HARMON COVE TOWERS2026-06$380,0001,37932.7%
1527 HARMON COVE TOWERS2026-06$390,0001,37937.0%
625 HARMON COVE TOWERS2025-11$365,0001,37934.6%
624 HARMON COVE TOWERS2025-06$370,0001,37934.2%
1223 HARMON COVE TOWERS2025-05$370,0001,37935.8%
1126 HARMON COVE TOWERS2025-01$378,0001,37934.8%

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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 →