The Fair Share Report
97 Riverview Ct
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 $406,848 – $573,303, 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 $470,950 home should be assessed near $174,722.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $69,422 below what the ratio math suggests (39.7%).
Step 4 · The tax rate — same for every Secaucus home
$1.462 Schools · 34% $0.853 County · 20% $1.952 Town · 46%
Step 5 · The bill
This home vs. every recent Secaucus sale · assessed ÷ market
13%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 |
|---|---|---|---|---|
| 1332 HARMON COVE TOWERS | 2025-06 | $428,000 | 1,525 | 32.7% |
| 308 HARMON COVE TOWERS | 2025-04 | $445,000 | 1,525 | 35.8% |
| 2138 HARMON COVE TOWERS | 2025-04 | $420,000 | 1,525 | 35.1% |
| HARMON COVE TOWERS | 2025-02 | $400,000 | 1,525 | 34.9% |
| 1940 HARMON COVE TOWERS | 2025-04 | $307,000 | 1,504 | 49.8% |
| 4 GREEN VALLEY COURT | 2025-11 | $439,000 | 1,429 | 27.5% |
| 705 MAINSAIL LANE | 2026-05 | $660,000 | 1,704 | 21.2% |
| 714 MAINSAIL LANE | 2026-03 | $635,000 | 1,704 | 22.1% |
| 726 MAINSAIL LANE | 2026-02 | $695,000 | 1,704 | 21.8% |
| 753 MAINSAIL LANE | 2025-11 | $593,000 | 1,704 | 23.6% |
| 801 SPINNAKER COURT | 2025-07 | $610,000 | 1,704 | 22.9% |
| 789 SPINNAKER COURT | 2025-05 | $608,000 | 1,704 | 28.9% |
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