The Fair Share Report

233 E 9th Ave

Roselle, NJ 07039

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

≈ $478,582

Likely range $423,220 – $497,441, from 12 comparable Roselle sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

28.06%

The state's official measure of how far Roselle assessments sit below market value — republished every October, applied town-wide. A $478,582 home should be assessed near $134,290.

Step 3 · Assessed value

$93,700

Set at the last town-wide revaluation and mostly frozen since. That's $40,590 below what the ratio math suggests (30.2%).

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

$9.146 per $100 assessed

$3.297 Schools · 36% $1.177 County · 13% $4.673 Town · 51%

Step 5 · The bill

$8,571/yr
Public schools$3,089
Union County$1,103
Town of Roselle$4,379
Roselle average$11,228

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

Town median 24.2%
This home · 19.6%

13%39%

Paying about right

This home's ratio lands inside Roselle'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
712 SHERIDAN AVE2025-04$300,0001,11640.7%
238 E 8TH AVE2026-05$476,0001,11519.4%
439 WHEATSHEAF RD2025-04$476,0001,10622.0%
614 SHERIDAN AVE2025-05$485,0001,12932.2%
1018 DRAKE AVE2025-04$420,0001,15222.2%
212 THOMPSON AVE2025-11$515,0001,16424.6%
955 WALNUT ST2025-02$450,0001,12425.5%
703 ELM ST2026-03$505,0001,10427.3%
703 ELM ST2025-10$400,0001,10434.5%
1274 CHESTNUT ST2025-04$488,0001,14020.9%
572 W 9TH AVE2025-09$475,0001,02023.4%
414 STOCKTON AVE2026-02$530,0001,20319.1%

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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 →