The Fair Share Report
518 E Ave
Fairfield, NJ 08332
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.
This home's full record →Check another house →
Step 2 · The Director's Ratio
The state's official measure of how far Fairfield assessments sit below market value — republished every October, applied town-wide.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since.
Step 4 · The tax rate — same for every Fairfield home
$1.447 Schools · 49% $1.029 County · 35% $0.495 Town · 17%
This home's own bill implies $2.738 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
The record, in full
Not enough closely-comparable recent sales in Fairfield for a fairness verdict — the town's current median assessment ratio is 87.8%.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 217 RAMAH RD | 2025-02 | $300,000 | 888 | 74.9% |
| 405 CLARKS POND RD | 2026-02 | $200,000 | 1,024 | 87.8% |
| 250 BRIDGETON FAIRTON RD | 2025-05 | $255,000 | 1,440 | 64.0% |
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