The Fair Share Report

803 Second St

Secaucus, NJ 07652

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

≈ $585,536

Likely range $563,754 – $602,802, 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 $585,536 home should be assessed near $217,234.

Step 3 · Assessed value

$177,600

Set at the last town-wide revaluation and mostly frozen since. That's $39,634 below what the ratio math suggests (18.2%).

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

$7,580/yr
Public schools$2,597
Hudson County$1,515
Town of Secaucus$3,468
Secaucus average$7,664

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

Town median 27.9%
This home · 30.3%

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
420 EGRET LA2025-08$595,0001,71826.5%
458 DUNLIN PLAZA2025-07$590,0001,71828.5%
308 SEA ISLE KEY2025-10$600,0001,78029.9%
208 SANDCASTLE KEY2025-07$594,0001,78031.0%
110 SANDPIPER KEY2025-06$625,0001,78028.7%
292 SUNSET KEY2025-05$606,5001,78029.6%
171 SANDCASTLE KEY2025-04$623,0001,78028.8%
288 SUNSET KEY2024-12$615,0001,78029.1%
1307 HARMON COVE TOWERS2026-06$450,0001,68641.2%
15 MILL RIDGE ROAD2025-08$755,0001,71025.2%
468 TEAL PLAZA2026-06$626,9001,83626.9%
584 SANDERLING CT2025-08$584,0001,83628.9%

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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 →