The Fair Share Report

811 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

≈ $846,667

Likely range $769,697 – $1,010,736, from 12 comparable Secaucus sales in the past 18 months, at this home's 2,032 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 $846,667 home should be assessed near $314,113.

Step 3 · Assessed value

$159,800

Set at the last town-wide revaluation and mostly frozen since. That's $154,313 below what the ratio math suggests (49.1%).

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%

This home's own bill implies $4.012 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$6,411/yr
Public schools$2,196
Hudson County$1,282
Town of Secaucus$2,933
Secaucus average$7,664

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

Town median 27.9%
This home · 18.9%

10%48%

Keep quiet and enjoy it

This home's assessment ratio sits below the Secaucus pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
72 CENTRAL LANE2025-12$995,00010.5%
16 ARN TERRACE2026-06$750,0002,03426.0%
2 RAYDOL AVENUE2025-10$860,0002,06418.6%
691 NINTH STREET2025-06$960,0001,93019.4%
17 ARN TERRACE2025-09$720,0002,14425.0%
728 IRVING PLACE2026-03$775,0002,04623.6%
1041 STONEWALL LANE2025-11$912,0001,64619.2%
750 IRVING PLACE2026-03$900,0002,31521.6%
9 RAYDOL AVENUE2026-05$530,0001,65930.5%
1026 GILLIS PLACE2025-08$750,0001,82441.9%
700 NINTH STREET2026-05$1,099,0002,25018.5%
10 RAYDOL AVENUE2026-03$850,0001,92020.0%

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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 →