The Fair Share Report

822 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

≈ $622,224

Likely range $587,520 – $688,666, 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 $622,224 home should be assessed near $230,845.

Step 3 · Assessed value

$128,200

Set at the last town-wide revaluation and mostly frozen since. That's $102,645 below what the ratio math suggests (44.5%).

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

$5,472/yr
Public schools$1,875
Hudson County$1,094
Town of Secaucus$2,503
Secaucus average$7,664

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

Town median 27.9%
This home · 20.6%

13%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
244 CENTRE AVE2025-09$775,0001,27215.4%
840 ROOSEVELT AVENUE2026-03$690,0001,33020.2%
250 GRACE AVENUE2026-05$599,0001,40018.0%
731 FOURTH STREET2025-12$655,0001,24816.2%
241 GRACE AVENUE2026-03$725,0001,30913.9%
774 EIGHTH STREET2026-01$551,0001,14019.0%
826 ROOSEVELT AVENUE2025-03$715,0001,51318.6%
729 HUMBOLDT STREET2025-06$590,0001,13117.6%
842 SEVENTH STREET2026-05$565,0001,19621.4%
320 CLARENDON STREET2025-04$705,0001,55416.7%
718 FIRST STREET2026-05$690,0001,32016.1%
211 CENTRE AVENUE2025-02$620,0001,36320.4%

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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 →