The Fair Share Report
243 E 3rd Ave
Roselle, NJ 07203
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 $566,410 – $741,772, from 12 comparable Roselle 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 Roselle assessments sit below market value — republished every October, applied town-wide. A $660,334 home should be assessed near $185,290.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $26,510 above what the ratio math suggests (14.3%).
Step 4 · The tax rate — same for every Roselle home
$3.297 Schools · 36% $1.177 County · 13% $4.673 Town · 51%
Step 5 · The bill
This home vs. every recent Roselle sale · assessed ÷ market
14%43%
A touch high — worth watching
This home's ratio sits above most of Roselle, but doesn't clear NJ's legal appeal line (32.27%).
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 132 W 6TH AVE | 2026-04 | $695,000 | 3,233 | 28.1% |
| 321-3 W 1ST AVE | 2025-08 | $495,000 | 2,409 | 27.0% |
| 129 W 3RD AVE | 2025-04 | $580,000 | 2,397 | 21.7% |
| 214 E 9TH AVE | 2025-02 | $592,000 | 2,552 | 21.1% |
| 226 E 8TH AVE | 2026-03 | $735,000 | 2,700 | 19.9% |
| 280 E 4TH AVE | 2025-03 | $710,000 | 2,680 | 22.6% |
| 446 W 6TH AVE | 2026-01 | $565,000 | 2,610 | 18.4% |
| 1024 THOMPSON AVE | 2025-01 | $665,000 | 2,720 | 23.3% |
| 114 E 5TH AVE | 2026-01 | $505,000 | 2,272 | 39.9% |
| 1123 SHERIDAN AVE | 2025-12 | $700,000 | 2,720 | 23.2% |
| 137-139 E 2ND AVE | 2025-06 | $810,000 | 4,356 | 33.6% |
| 403 HAMILTON ST | 2025-07 | $635,000 | 2,583 | 23.6% |
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