The Fair Share Report
116 Summit 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $817,653 – $1,054,019, from 12 comparable Westfield sales in the past 18 months, at this home's 1,788 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Westfield assessments sit below market value — republished every October, applied town-wide. A $916,043 home should be assessed near $663,948.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $182,152 above what the ratio math suggests (27.4%).
Step 4 · The tax rate — same for every Westfield home
$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
This home vs. every recent Westfield sale · assessed ÷ market
46%109%
A touch high — worth watching
This home's ratio sits above most of Westfield, but doesn't clear NJ's legal appeal line (83.35%).
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 103 MARLBORO ST | 2025-07 | $880,000 | 1,795 | 64.1% |
| 240 ROGER AVE | 2025-09 | $962,000 | 1,855 | 63.4% |
| 221 DELAWARE ST | 2025-06 | $720,000 | 1,907 | 62.2% |
| 701 MOUNTAIN AVE | 2025-06 | $830,000 | 1,815 | 84.1% |
| 1008 CRANFORD AVE | 2026-04 | $1,150,000 | 1,922 | 63.0% |
| 64 MANITOU CIR | 2025-07 | $1,045,662 | 2,041 | 61.3% |
| 731 TAMAQUES WAY | 2025-02 | $910,000 | 1,928 | 65.6% |
| 936 BEVERLY DR | 2025-03 | $790,000 | 1,785 | 51.1% |
| 131 WELLS ST | 2025-12 | $1,100,000 | 1,866 | 61.3% |
| 913 COLUMBUS AVE | 2025-07 | $1,277,000 | 1,918 | 49.2% |
| 12 WYCHVIEW DR | 2025-06 | $1,200,000 | 1,972 | 46.6% |
| 305 SCOTCH PLAINS AVE N | 2025-07 | $999,999 | 1,714 | 59.9% |
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