The Fair Share Report
801 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 $452,621 – $578,128, 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 $560,896 home should be assessed near $208,092.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $37,192 below what the ratio math suggests (17.9%).
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
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 |
|---|---|---|---|---|
| 15 MILL RIDGE ROAD | 2025-08 | $755,000 | 1,710 | 25.2% |
| 420 EGRET LA | 2025-08 | $595,000 | 1,718 | 26.5% |
| 458 DUNLIN PLAZA | 2025-07 | $590,000 | 1,718 | 28.5% |
| 1307 HARMON COVE TOWERS | 2026-06 | $450,000 | 1,686 | 41.2% |
| 678 NINTH STREET | 2025-11 | $779,900 | 1,642 | 21.9% |
| 308 SEA ISLE KEY | 2025-10 | $600,000 | 1,780 | 29.9% |
| 208 SANDCASTLE KEY | 2025-07 | $594,000 | 1,780 | 31.0% |
| 110 SANDPIPER KEY | 2025-06 | $625,000 | 1,780 | 28.7% |
| 292 SUNSET KEY | 2025-05 | $606,500 | 1,780 | 29.6% |
| 171 SANDCASTLE KEY | 2025-04 | $623,000 | 1,780 | 28.8% |
| 288 SUNSET KEY | 2024-12 | $615,000 | 1,780 | 29.1% |
| 1054 STONEWALL LANE | 2025-09 | $565,000 | 1,652 | 28.9% |
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