The Fair Share Report

805 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.

Step 1 · Market value

≈ $796,970

Likely range $706,567 – $1,027,687, from 12 comparable Secaucus sales in the past 18 months, at this home's 2,104 sq ft.

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 $796,970 home should be assessed near $295,676.

Step 3 · Assessed value

$253,700

Set at the last town-wide revaluation and mostly frozen since. That's $41,976 below what the ratio math suggests (14.2%).

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

$10,828/yr
Public schools$3,710
Hudson County$2,165
Town of Secaucus$4,953
Secaucus average$7,664

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

Town median 27.9%
This home · 31.8%

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
72 CENTRAL LANE2025-12$995,00010.5%
700 NINTH STREET2026-05$1,099,0002,25018.5%
17 ARN TERRACE2025-09$720,0002,14425.0%
644 CHESTNUT PLACE2025-10$581,2502,22436.6%
691 NINTH STREET2025-06$960,0001,93019.4%
728 IRVING PLACE2026-03$775,0002,04623.6%
16 ARN TERRACE2026-06$750,0002,03426.0%
1138 STONEWALL LANE2025-09$905,0002,32022.7%
6 WALTER PLACE2026-04$999,9992,10229.2%
14 RADIO AVENUE2025-03$930,0001,83523.6%
417 HARMON COVE TOWERS2025-06$490,0002,06835.6%
713 HUMBOLDT STREET2025-12$850,0002,35120.2%

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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 →