The Fair Share Report
175 Beech St
Belleville, NJ 07032
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 $459,287 – $536,073, from 12 comparable Belleville 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 Belleville assessments sit below market value — republished every October, applied town-wide. A $477,887 home should be assessed near $282,575.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $79,725 above what the ratio math suggests (28.2%).
Step 4 · The tax rate — same for every Belleville home
$1.652 Schools · 40% $0.541 County · 13% $1.963 Town · 47%
Step 5 · The bill
This home vs. every recent Belleville sale · assessed ÷ market
38%84%
A touch high — worth watching
This home's ratio sits above most of Belleville, but doesn't clear NJ's legal appeal line (68.00%).
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 3 MEMPHIS AVENUE | 2025-09 | $460,000 | 1,183 | 49.3% |
| 7 BEVERLY COURT | 2025-03 | $490,000 | 1,152 | 62.2% |
| 95 WATCHUNG AVENUE | 2025-01 | $470,000 | 1,100 | 46.4% |
| 79 SYCAMORE DRIVE | 2025-06 | $575,000 | 1,353 | 58.7% |
| 24 CAROLYN ROAD | 2026-05 | $550,000 | 1,289 | 58.2% |
| 74-76 WATSESSING AVENUE | 2025-07 | $568,000 | 1,097 | 47.3% |
| 93 PASSAIC AVENUE | 2025-07 | $405,000 | 1,075 | 63.3% |
| 1 CHARLES STREET | 2025-05 | $416,000 | 1,392 | 58.7% |
| 178 STEPHENS STREET U-B5 | 2025-06 | $407,000 | 1,271 | 44.3% |
| 61-63 HILL STREET | 2026-06 | $530,000 | 1,493 | 55.3% |
| 192 BEECH STREET | 2025-12 | $635,000 | 1,416 | 48.6% |
| 52 HECKEL STREET UNIT 201 | 2025-03 | $345,000 | 961 | 45.5% |
Is this your house?
Run your own report →