The Fair Share Report

545 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.

Step 1 · Market value

≈ $1,361,590

Likely range $1,077,755 – $1,460,142, 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 $1,361,590 home should be assessed near $986,880.

Step 3 · Assessed value

$613,000

Set at the last town-wide revaluation and mostly frozen since. That's $373,880 below what the ratio math suggests (37.9%).

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

$14,050/yr
Public schools$8,754
Union County$2,789
Town of Westfield$2,507
Westfield average$18,940

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

Town median 62.4%
This home · 45.0%

37%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
2 DORIS PKWY2026-04$1,295,0002,66953.3%
904 CRANFORD AVE2026-05$1,270,0002,35858.5%
1738 CENTRAL AVE2025-07$850,0002,27567.5%
710 WARREN ST2025-04$1,375,0002,09846.1%
19 TRAILS END COURT2025-09$920,0002,38281.8%
823 WALLBERG AVE2025-03$1,500,8232,64057.2%
1604 GRANDVIEW AVE2025-07$1,154,8002,15055.7%
11 EASTGATE SQ2025-04$1,099,0002,46057.4%
406 CAYUGA WAY2025-12$950,0002,32261.6%
1316 OVERHILL ST2025-08$1,417,0002,51355.9%
301 JOHN ST2026-06$1,050,0002,27251.5%
882 PENNSYLVANIA AVE2025-06$1,500,0002,44157.6%

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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 →