The Fair Share Report

545 Blvd

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

≈ $3,194,347

Likely range $2,887,476 – $4,570,736, from 12 comparable Westfield sales in the past 18 months (home size estimated from assessor data — range widened).

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 $3,194,347 home should be assessed near $2,315,263.

Step 3 · Assessed value

$2,253,500

Set at the last town-wide revaluation and mostly frozen since. That's $61,763 below what the ratio math suggests (2.7%).

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

$51,650/yr
Public schools$32,180
Union County$10,253
Town of Westfield$9,217
Westfield average$18,940

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

Town median 62.4%
This home · 70.5%

44%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
560 TREMONT AVE2025-09$1,980,0006,04585.3%
220 DUDLEY AVE E2025-05$3,646,7607,16066.4%
740 LAWRENCE AVE2026-01$2,600,0006,21762.6%
318 EUCLID AVE S2026-03$2,300,0005,14164.5%
3 BREEZE KNOLL DR2025-08$3,686,0006,27562.5%
242 KIMBALL AVE2025-07$2,095,0004,56656.0%
6 BREEZE KNOLL DR2026-06$5,200,0007,90556.8%
128 WOODLAND AVE2025-10$5,275,0006,50553.5%
23 STONELEIGH PARK2026-05$3,100,0004,42844.0%
216 KIMBALL AVE2025-09$2,025,0004,58461.1%
216 WATCHUNG FORK2025-01$4,000,0005,34863.8%
731 HIGHLAND AVE2025-01$1,975,0004,31071.7%

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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 →