The Fair Share Report

833 Second 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

≈ $1,059,431

Likely range $1,007,126 – $1,167,464, from 12 comparable Secaucus sales in the past 18 months, at this home's 3,370 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 $1,059,431 home should be assessed near $393,049.

Step 3 · Assessed value

$311,300

Set at the last town-wide revaluation and mostly frozen since. That's $81,749 below what the ratio math suggests (20.8%).

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

$13,286/yr
Public schools$4,552
Hudson County$2,656
Town of Secaucus$6,078
Secaucus average$7,664

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

Town median 27.9%
This home · 29.4%

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
225 GRACE AVENUE2025-05$760,0003,00333.5%
817 SEVENTH STREET2026-04$860,00030.8%
1 COVE COURT2026-02$1,100,0003,10429.8%
769 NINTH STREET2025-02$840,0002,67228.4%
25 JACOB'S LANDING WAY2026-05$930,0002,80041.4%
2 JACOB'S LANDING WAY2025-11$970,0002,80039.2%
17 JACOB'S LANDING WAY2025-03$890,0002,80038.8%
4 LIBERTY COURT2025-01$797,0002,60033.0%
690 GOLDEN AVENUE2025-07$1,290,0003,87028.2%
16 VILLAGE PLACE2025-11$1,055,0003,72925.7%
1042 KOELLE BOULEVARD2025-03$930,0002,96430.6%
736 HUDSON AVENUE2025-05$1,300,0004,35028.3%

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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 →