The Fair Share Report

11 Third Ave

Roseland, NJ 07068

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

≈ $813,316

Likely range $649,696 – $880,543, from 12 comparable Roseland sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

93.62%

The state's official measure of how far Roseland assessments sit below market value — republished every October, applied town-wide. A $813,316 home should be assessed near $761,426.

Step 3 · Assessed value

$621,800

Set at the last town-wide revaluation and mostly frozen since. That's $139,626 below what the ratio math suggests (18.3%).

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

$1.861 per $100 assessed

$0.965 Schools · 52% $0.344 County · 18% $0.552 Town · 30%

Step 5 · The bill

$11,578/yr
Public schools$6,004
Essex County$2,140
Town of Roseland$3,434
Roseland average$11,911

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

Town median 76.6%
This home · 76.5%

59%105%

Paying about right

This home's ratio lands inside Roseland'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
28 OAK DRIVE2025-04$460,0002,042135.3%
32 KENT DRIVE C01482026-06$950,0001,89064.8%
24 MARTHA ROAD2025-02$880,0001,81773.6%
1 TANNERY LANE2025-01$630,0001,946115.6%
16 CONDIT COURT2025-07$999,0002,21674.1%
15 PARADISE PLACE C00082026-05$650,0001,87073.1%
3 HILLSIDE AVENUE2025-11$1,041,0002,33161.3%
34 LINCOLN STREET2026-05$840,0002,32485.2%
24 LEONARD TERRACE2025-05$616,0001,83686.4%
36 WILLIAMSBURG DR2026-06$961,0002,28479.4%
3 RUTGERS COURT2026-03$960,0002,35782.6%
22 CONDIT COURT2025-11$1,050,0002,40172.1%

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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 →