The Fair Share Report
540 Trinity 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $914,494 – $1,208,630, from 12 comparable Westfield sales in the past 18 months, at this home's 2,001 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Westfield assessments sit below market value — republished every October, applied town-wide. A $1,031,442 home should be assessed near $747,589.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $252,789 below what the ratio math suggests (33.8%).
Step 4 · The tax rate — same for every Westfield home
$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
This home vs. every recent Westfield sale · assessed ÷ market
35%89%
Keep quiet and enjoy it
This home's assessment ratio sits below the Westfield pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 145 PARK ST | 2025-11 | $844,800 | 1,988 | 65.1% |
| 428 W BROAD ST | 2025-02 | $999,000 | 1,932 | 62.4% |
| 818 SUMMIT AVE | 2026-06 | $930,000 | 1,882 | 62.4% |
| 530 CLARK ST | 2025-05 | $1,325,000 | 2,186 | 52.6% |
| 651 CHESTNUT ST N | 2025-07 | $825,000 | 2,055 | 82.3% |
| 738 COLEMAN PL | 2026-03 | $1,275,000 | 2,040 | 55.0% |
| 644 COLEMAN PL | 2025-04 | $940,000 | 2,056 | 69.8% |
| 508 DORIAN CT | 2025-11 | $800,000 | 1,973 | 66.4% |
| 644 KIMBALL AVE | 2025-05 | $1,249,000 | 2,128 | 55.5% |
| 808 GRANT AVE | 2026-05 | $1,475,000 | 2,442 | 53.4% |
| 621 KIMBALL AVE | 2026-04 | $1,520,000 | 2,115 | 58.9% |
| 419 BOULEVARD | 2025-02 | $999,000 | 1,976 | 52.7% |
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