The Fair Share Report

815 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

≈ $978,682

Likely range $932,854 – $1,094,365, 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 $978,682 home should be assessed near $363,091.

Step 3 · Assessed value

$353,300

Set at the last town-wide revaluation and mostly frozen since. That's $9,791 below what the ratio math suggests (2.7%).

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

$15,079/yr
Public schools$5,166
Hudson County$3,014
Town of Secaucus$6,898
Secaucus average$7,664

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

Town median 27.9%
This home · 36.1%

14%48%

A touch high — worth watching

This home's ratio sits above most of Secaucus, but doesn't clear NJ's legal appeal line (42.66%).

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

AddressSoldPriceSq ftRatio
1 COVE COURT2026-02$1,100,0003,10429.8%
1042 KOELLE BOULEVARD2025-03$930,0002,96430.6%
225 GRACE AVENUE2025-05$760,0003,00333.5%
672 CHESTNUT PLACE2026-04$825,0003,07237.0%
672 CHESTNUT PLACE2026-02$625,0003,07248.9%
28 ELIZABETH COURT2025-12$1,256,0003,18018.6%
4 LIBERTY COURT2025-01$797,0002,60033.0%
630 CHESTNUT PLACE2025-08$999,9993,23034.4%
769 NINTH STREET2025-02$840,0002,67228.4%
1025 KOELLE BOULEVARD2025-10$951,0002,84324.6%
52 FAIRVIEW AVENUE2025-10$1,037,0002,86025.3%
690 GOLDEN AVENUE2025-07$1,290,0003,87028.2%

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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 →