The Fair Share Report

320 E 4th 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.

Step 1 · Market value

≈ $501,738

Likely range $417,981 – $551,588, from 12 comparable Roselle sales in the past 18 months, at this home's 1,252 sq ft.

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 $501,738 home should be assessed near $140,788.

Step 3 · Assessed value

$99,200

Set at the last town-wide revaluation and mostly frozen since. That's $41,588 below what the ratio math suggests (29.5%).

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

$9,074/yr
Public schools$3,271
Union County$1,168
Town of Roselle$4,636
Roselle average$11,228

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

Town median 24.2%
This home · 19.8%

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
319 STOCKTON AVE2026-01$275,0001,25835.9%
403 JOHN ST2025-12$495,0001,23228.2%
1107 DRAKE AVE2026-02$580,0001,23216.5%
447 STOCKTON AVE2025-12$515,0001,29431.6%
430 MERCER AVE2025-03$555,0001,37420.2%
473 ROBINS ST2025-06$480,0001,15222.2%
1120 THOMPSON AVE2025-02$430,0001,28826.5%
212 THOMPSON AVE2025-11$515,0001,16424.6%
121 MYRTLE ST2026-05$585,0001,24817.9%
414 STOCKTON AVE2026-02$530,0001,20319.1%
645 ST GEORGE AVE2025-10$547,9001,37417.1%
608 SHERIDAN AVE2025-10$430,0001,39723.9%

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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 →