The Fair Share Report
549 E Ave
Fairfield, NJ 08302
The town adjusts for market price changes once a year — but only based on the average price change of all homes in the area. This report checks whether this house's assessment kept pace.
Not enough sales for an honest verdict
Too few comparable recent sales in Fairfield to judge fairly — so we won't guess. The town's current median assessment ratio is 87.8%.
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%
Step 5 · The bill
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 405 CLARKS POND RD | 2026-02 | $200,000 | 1,024 | 87.8% |
| 217 RAMAH RD | 2025-02 | $300,000 | 888 | 74.9% |
| 250 BRIDGETON FAIRTON RD | 2025-05 | $255,000 | 1,440 | 64.0% |
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