The Fair Share Report

552 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

≈ $1,627,397

Likely range $1,399,086 – $1,914,652, from 12 comparable Westfield sales in the past 18 months, at this home's 3,168 sq ft.

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 $1,627,397 home should be assessed near $1,179,537.

Step 3 · Assessed value

$706,000

Set at the last town-wide revaluation and mostly frozen since. That's $473,537 below what the ratio math suggests (40.1%).

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

$16,182/yr
Public schools$10,082
Union County$3,212
Town of Westfield$2,888
Westfield average$18,940

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

Town median 62.4%
This home · 43.4%

31%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
710 WOODLAND AVE2025-09$1,430,0003,23871.9%
869 STANDISH AVE2025-12$2,200,0003,29945.1%
846 NANCY WAY2025-05$950,0002,99258.5%
215 BRIGHTWOOD AVE2025-05$2,000,0003,14867.0%
16 MANCHESTER DR2026-01$1,375,0002,90960.5%
519 MOUNTAIN AVE2025-03$1,653,5003,00453.9%
417 BEECHWOOD PL2025-06$1,686,0002,96850.9%
22 GENESEE TRAIL2025-05$1,427,0002,71154.3%
208 JEFFERSON AVE2026-04$1,215,0003,06078.3%
910 MINISINK WAY2026-01$1,310,0002,80478.4%
21 WOODBROOK CIRCLE2026-05$1,800,0003,50444.8%
460 TOPPING HILL ROAD2025-08$2,060,0003,15455.4%

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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 →