The Fair Share Report

10 Pine Ct

Westfield, NJ 07090

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

≈ $2,283,292

Likely range $1,995,602 – $2,872,420, from 12 comparable Westfield sales in the past 18 months, at this home's 5,232 sq ft.

Step 2 · The Director's Ratio

72.48%

The state's official measure of how far Westfield assessments sit below market value — republished every October, applied town-wide. A $2,283,292 home should be assessed near $1,654,930.

Step 3 · Assessed value

$1,096,400

Set at the last town-wide revaluation and mostly frozen since. That's $558,530 below what the ratio math suggests (33.7%).

Step 4 · The tax rate — same for every Westfield home

$2.291 per $100 assessed

$1.428 Schools · 62% $0.455 County · 20% $0.409 Town · 18%

Westfield also levies a Special Improvement District charge inside its district boundaries — the county roll doesn't say which homes are in it, but a bill's "IMPROVEMENT DISTRICT" line does. District homes pay $2.396 per $100 all-in (+$0.105).

Step 5 · The bill

$25,129/yr
Public schools$15,657
Union County$4,989
Town of Westfield$4,484
Westfield average$18,940

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

Town median 62.4%
This home · 48.0%

33%89%

Keep quiet and enjoy it

This home's assessment ratio sits below the Westfield 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
1020 MINISINK WAY2026-05$2,772,5005,05062.2%
1000 TICE PLACE2025-07$1,700,0004,45766.3%
1 BATES WAY2025-08$2,350,0004,26357.1%
740 LAWRENCE AVE2026-01$2,600,0006,21762.6%
900 MINISINK WAY2025-10$1,825,0004,10563.3%
235 MUNSEE WAY2025-10$1,350,0004,060100.6%
925 MINISINK WAY2025-07$2,240,0003,98759.4%
133 STANMORE PLACE2025-04$2,250,0005,31667.5%
21 SANDRA CIRCLE2026-06$1,700,0004,65567.3%
318 EUCLID AVE S2026-03$2,300,0005,14164.5%
900 KIMBALL AVE E2024-12$1,450,0003,90184.3%
611 BRADFORD AVE2026-06$2,900,0004,45651.9%

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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 →