The Fair Share Report

826 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

≈ $871,438

Likely range $722,326 – $1,054,466, 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 $871,438 home should be assessed near $323,303.

Step 3 · Assessed value

$263,500

Set at the last town-wide revaluation and mostly frozen since. That's $59,803 below what the ratio math suggests (18.5%).

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

$11,246/yr
Public schools$3,853
Hudson County$2,248
Town of Secaucus$5,145
Secaucus average$7,664

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

Town median 27.9%
This home · 30.2%

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
3 RAYDOL AVENUE2025-08$795,0002,60533.5%
813 SIXTH STREET2025-12$865,0002,55324.0%
825 EIGHTH STREET2025-10$850,0002,88423.9%
805 CEDAR AVE2025-02$999,9872,28221.5%
750 IRVING PLACE2026-03$900,0002,31521.6%
773 SEVENTH ST2025-03$610,0002,16219.1%
284 BORN STREET2025-02$745,0001,89624.4%
714 SIXTH STREET2026-06$750,0002,41822.1%
15 LUHMANN TERRACE2025-08$700,0002,88025.8%
2 RAYDOL AVENUE2025-10$860,0002,06418.6%
1029 KOELLE BOULEVARD2026-01$740,0002,57029.7%
127 CENTRE AVE2025-01$715,0001,87218.5%

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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 →