The Fair Share Report

577 Trinity Pl

Roselle, NJ 07203

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

≈ $471,575

Likely range $394,458 – $574,535, from 12 comparable Roselle sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

28.06%

The state's official measure of how far Roselle assessments sit below market value — republished every October, applied town-wide. A $471,575 home should be assessed near $132,324.

Step 3 · Assessed value

$135,000

Set at the last town-wide revaluation and mostly frozen since. That's $2,676 above what the ratio math suggests (2.0%).

Step 4 · The tax rate — same for every Roselle home

$9.146 per $100 assessed

$3.297 Schools · 36% $1.177 County · 13% $4.673 Town · 51%

This home's own bill implies $8.962 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$12,098/yr
Public schools$4,361
Union County$1,557
Town of Roselle$6,181
Roselle average$11,228

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

Town median 24.2%
This home · 28.6%

14%40%

Paying about right

This home's ratio lands inside Roselle'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
65 INDEPENDENCE DR2025-10$485,0001,57224.7%
214 VICTORY ST2025-01$429,9001,61428.1%
14 COLONIAL RD2026-04$450,0001,57225.6%
433 W 4TH AVE2025-05$550,0001,51418.4%
312 W 4TH AVE2025-04$500,0001,68029.5%
540 W 7TH AVE2025-11$385,0001,35536.5%
631 ELM ST2026-05$650,0001,56821.4%
631 ELM ST2025-10$355,0001,56839.2%
538 DIETZ ST2026-03$390,0001,66437.4%
367 W 4TH AVE2025-02$507,0001,44025.3%
423 E 4TH AVE2025-10$580,0001,56020.9%
502 DRAKE AVE2026-04$474,0001,56424.4%

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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 →