The Fair Share Report

396 E 9th Ave

Roselle, NJ 07938

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

≈ $635,566

Likely range $476,313 – $658,311, 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 $635,566 home should be assessed near $178,340.

Step 3 · Assessed value

$168,200

Set at the last town-wide revaluation and mostly frozen since. That's $10,140 below what the ratio math suggests (5.7%).

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

$15,385/yr
Public schools$5,546
Union County$1,980
Town of Roselle$7,860
Roselle average$11,228

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

Town median 24.2%
This home · 26.5%

14%41%

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
1032 HARRISON AVE2025-03$660,0002,12435.7%
452 W 4TH AVE2025-08$585,0002,21921.4%
229 HILLCREST TERR2026-06$530,0002,26230.3%
608 W 2ND AVE2026-04$655,0002,29623.3%
332 HAMILTON ST2025-11$605,0002,14727.8%
1026 WARREN ST2025-06$713,0002,70029.6%
1112 MORRIS ST2026-01$660,0002,35024.3%
908 THOMPSON AVE2025-07$516,0002,25623.7%
908 THOMPSON AVE2025-03$400,0002,25630.6%
419 MARTIN ST2025-08$380,0002,30237.2%
632 WALNUT STREET2025-01$650,0001,76825.6%
1025 RIVINGTON ST2026-04$670,0002,32427.3%

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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 →