The Fair Share Report

41 Berkeley Ave

Belleville, NJ 07109

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

≈ $581,164

Likely range $548,550 – $615,833, from 12 comparable Belleville sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

59.13%

The state's official measure of how far Belleville assessments sit below market value — republished every October, applied town-wide. A $581,164 home should be assessed near $343,642.

Step 3 · Assessed value

$306,300

Set at the last town-wide revaluation and mostly frozen since. That's $37,342 below what the ratio math suggests (10.9%).

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

$4.156 per $100 assessed

$1.652 Schools · 40% $0.541 County · 13% $1.963 Town · 47%

Step 5 · The bill

$12,733/yr
Public schools$5,061
Essex County$1,657
Town of Belleville$6,014
Belleville average$11,634

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

Town median 52.2%
This home · 52.7%

38%73%

Paying about right

This home's ratio lands inside Belleville'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
14 HEWITT AVENUE2026-03$600,0001,79352.4%
51-53 BERKELEY AVENUE2025-06$550,0001,53450.1%
92 FAIRWAY AVENUE2025-12$575,0001,64947.2%
3 MELWEX STREET2025-03$580,0001,64352.6%
234 NEW STREET2025-08$525,0001,60561.7%
68 GARDEN AVENUE2025-08$390,0001,64862.6%
276 WILLIAM STREET2025-03$661,0001,75751.0%
6 BELMOHR STREET2025-12$649,0001,89952.5%
94 COLUMBUS AVENUE2025-09$600,0001,75257.1%
94 COLUMBUS AVENUE2025-03$560,0001,75261.2%
152 WHITE OAK TERRACE2025-05$620,0001,70258.4%
1 CEDAR HILL AVENUE2025-11$800,0001,72846.1%

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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 →