The Fair Share Report

548 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

≈ $990,685

Likely range $866,273 – $1,236,966, 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 $990,685 home should be assessed near $718,048.

Step 3 · Assessed value

$426,500

Set at the last town-wide revaluation and mostly frozen since. That's $291,548 below what the ratio math suggests (40.6%).

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

$9,775/yr
Public schools$6,090
Union County$1,941
Town of Westfield$1,744
Westfield average$18,940

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

Town median 62.4%
This home · 43.1%

29%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)

AddressSoldPriceSq ftRatio
508 DORIAN CT2025-11$800,0001,97366.4%
232 HAZEL AVE2026-06$1,140,0001,86750.0%
711 WESTFIELD AVE2025-08$999,9991,94065.5%
554 HORT ST2025-11$830,0001,80957.6%
501 FIRST ST2025-04$1,257,0001,89651.4%
644 COLEMAN PL2025-04$940,0002,05669.8%
645 ROOSEVELT ST2026-04$950,0001,86857.6%
712 FOREST AVE2026-06$1,125,0001,93858.9%
641 EMBREE CRESCENT2025-06$840,0001,83874.6%
738 COLEMAN PL2026-03$1,275,0002,04055.0%
956 SUMMIT AVE2025-08$924,0001,96370.4%
126 WELLS ST2025-08$1,067,5001,94462.2%

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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 →