The Fair Share Report
9 River Rd
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $940,188 – $1,102,380, from 12 comparable Secaucus sales in the past 18 months (home size estimated from assessor data — range widened).
Step 2 · The Director's Ratio
The state's official measure of how far Secaucus assessments sit below market value — republished every October, applied town-wide. A $972,036 home should be assessed near $360,625.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $14,725 below what the ratio math suggests (4.1%).
Step 4 · The tax rate — same for every Secaucus home
$1.462 Schools · 34% $0.853 County · 20% $1.952 Town · 46%
This home's own bill implies $4.196 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Secaucus sale · assessed ÷ market
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 1 COVE COURT | 2026-02 | $1,100,000 | 3,104 | 29.8% |
| 225 GRACE AVENUE | 2025-05 | $760,000 | 3,003 | 33.5% |
| 4 LIBERTY COURT | 2025-01 | $797,000 | 2,600 | 33.0% |
| 1042 KOELLE BOULEVARD | 2025-03 | $930,000 | 2,964 | 30.6% |
| 769 NINTH STREET | 2025-02 | $840,000 | 2,672 | 28.4% |
| 25 JACOB'S LANDING WAY | 2026-05 | $930,000 | 2,800 | 41.4% |
| 2 JACOB'S LANDING WAY | 2025-11 | $970,000 | 2,800 | 39.2% |
| 17 JACOB'S LANDING WAY | 2025-03 | $890,000 | 2,800 | 38.8% |
| 690 GOLDEN AVENUE | 2025-07 | $1,290,000 | 3,870 | 28.2% |
| 672 CHESTNUT PLACE | 2026-04 | $825,000 | 3,072 | 37.0% |
| 672 CHESTNUT PLACE | 2026-02 | $625,000 | 3,072 | 48.9% |
| 28 ELIZABETH COURT | 2025-12 | $1,256,000 | 3,180 | 18.6% |
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