The Fair Share Report

110 E Mill Rd

Northfield, NJ 08225

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

≈ $515,515

Likely range $454,292 – $580,259, from 12 comparable Northfield sales in the past 18 months, at this home's 2,448 sq ft.

Step 2 · The Director's Ratio

61.13%

The state's official measure of how far Northfield assessments sit below market value — republished every October, applied town-wide. A $515,515 home should be assessed near $315,134.

Step 3 · Assessed value

$261,100

Set at the last town-wide revaluation and mostly frozen since. That's $54,034 below what the ratio math suggests (17.1%).

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

$3.777 per $100 assessed

$2.086 Schools · 55% $0.563 County · 15% $1.127 Town · 30%

Step 5 · The bill

$9,864/yr
Public schools$5,449
Atlantic County$1,471
Town of Northfield$2,944
Northfield average$8,299

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

Town median 50.5%
This home · 50.6%

35%78%

Paying about right

This home's ratio lands inside Northfield'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
100 E ROSEDALE AVE2025-11$625,0002,46243.2%
217 JACKSON AVE2025-05$585,0002,46850.7%
400 DOLPHIN AVE2026-05$435,0002,41450.8%
1119 NUGENT TERRACE2025-05$310,0002,13277.8%
13 FAIRWAY AVE2025-11$450,0002,79258.2%
2524 CEDARBRIDGE RD2025-08$650,0002,39143.1%
108 E VERNON AVE2025-12$455,0002,28462.2%
104 HADDON AVE2025-11$549,0002,06238.3%
1253 ZION RD2025-09$370,0001,75759.8%
920 RIDGEWOOD DR2025-03$490,0002,23152.9%
2203 GROVE RD2025-08$482,5002,60051.2%
2611 CEDARBRIDGE RD2026-05$551,0002,80448.1%

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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 →