The Fair Share Report

27 Third Ave

Roseland, NJ 07068

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

≈ $689,546

Likely range $636,852 – $726,487, from 12 comparable Roseland sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

93.62%

The state's official measure of how far Roseland assessments sit below market value — republished every October, applied town-wide. A $689,546 home should be assessed near $645,553.

Step 3 · Assessed value

$487,300

Set at the last town-wide revaluation and mostly frozen since. That's $158,253 below what the ratio math suggests (24.5%).

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

$1.861 per $100 assessed

$0.965 Schools · 52% $0.344 County · 18% $0.552 Town · 30%

Step 5 · The bill

$9,074/yr
Public schools$4,705
Essex County$1,677
Town of Roseland$2,691
Roseland average$11,911

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

Town median 76.6%
This home · 70.7%

59%105%

Paying about right

This home's ratio lands inside Roseland'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
26 PASSAIC AVENUE2025-11$620,0001,52469.5%
30 CLEMENTS COURT C00792026-05$720,0001,60774.0%
24 DE PAOLO COURT C01012026-04$699,0001,60779.3%
26 KENT DRIVE C01452026-03$700,0001,60775.6%
5 KENT DRIVE C00032025-11$705,0001,60775.5%
108 KENT DRIVE C01302026-03$708,0001,49273.3%
6 MULFORD COURT C00132025-12$635,0001,49285.1%
18 HARKEY COURT C00632025-11$755,0001,49271.5%
38 KENT DRIVE C01512025-05$680,0001,49276.6%
43 STONEGATE DRIVE2025-01$580,0001,64478.7%
24 LEONARD TERRACE2025-05$616,0001,83686.4%
16 MINNISINK DRIVE2026-05$694,0001,69666.6%

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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 →