The Fair Share Report

424 Everson Pl

Westfield, NJ 07090

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

≈ $1,307,253

Likely range $1,058,373 – $1,509,389, from 12 comparable Westfield sales in the past 18 months, at this home's 2,357 sq ft.

Step 2 · The Director's Ratio

72.48%

The state's official measure of how far Westfield assessments sit below market value — republished every October, applied town-wide. A $1,307,253 home should be assessed near $947,497.

Step 3 · Assessed value

$702,900

Set at the last town-wide revaluation and mostly frozen since. That's $244,597 below what the ratio math suggests (25.8%).

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

$2.291 per $100 assessed

$1.428 Schools · 62% $0.455 County · 20% $0.409 Town · 18%

Westfield also levies a Special Improvement District charge inside its district boundaries — the county roll doesn't say which homes are in it, but a bill's "IMPROVEMENT DISTRICT" line does. District homes pay $2.396 per $100 all-in (+$0.105).

Step 5 · The bill

$16,110/yr
Public schools$10,037
Union County$3,198
Town of Westfield$2,875
Westfield average$18,940

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

Town median 62.4%
This home · 53.8%

41%89%

Paying about right

This home's ratio lands inside Westfield'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
430 EVERSON PL2026-06$1,400,4302,52559.5%
591 TERRACE PLACE2025-06$1,397,0002,27154.9%
460 HILLSIDE AVE2025-07$1,650,0002,43565.4%
740 HANFORD PL2025-09$1,510,0292,35848.6%
252 ORCHARD ST2025-08$999,9992,22770.2%
507 BIRCH AVENUE2025-02$1,335,0002,60668.4%
644 KIMBALL AVE2025-05$1,249,0002,12855.5%
456 MOUNTAIN AVE2025-03$1,150,0002,25460.5%
558 DOWNER ST2026-01$850,0002,33756.9%
918 BOULEVARD2025-07$1,300,0002,28953.2%
303 TUTTLE PKWY2025-09$659,0002,12478.6%
415 HIGHLAND AVE2025-12$950,0002,43371.0%

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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 →