The Fair Share Report

6 Mitchell St

Belleville, NJ 07109

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

≈ $514,228

Likely range $390,990 – $551,109, from 12 comparable Belleville sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

59.13%

The state's official measure of how far Belleville assessments sit below market value — republished every October, applied town-wide. A $514,228 home should be assessed near $304,063.

Step 3 · Assessed value

$267,700

Set at the last town-wide revaluation and mostly frozen since. That's $36,363 below what the ratio math suggests (12.0%).

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

$4.156 per $100 assessed

$1.652 Schools · 40% $0.541 County · 13% $1.963 Town · 47%

Step 5 · The bill

$11,128/yr
Public schools$4,423
Essex County$1,449
Town of Belleville$5,256
Belleville average$11,634

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

Town median 52.2%
This home · 52.1%

38%74%

Paying about right

This home's ratio lands inside Belleville'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
233 FAIRWAY AVENUE2025-09$550,0001,22450.7%
3 MEMPHIS AVENUE2025-09$460,0001,18349.3%
5 WILBER STREET2025-07$200,0001,243125.1%
102 CEDAR HILL AVENUE2025-03$520,0001,15259.7%
7 BEVERLY COURT2025-03$490,0001,15262.2%
26 MITCHELL STREET2025-07$480,0001,07555.0%
145 BEECH STREET2026-05$394,0001,17675.8%
24 CAROLYN ROAD2026-05$550,0001,28958.2%
21 PERRY STREET2025-05$435,0001,15259.0%
27 OVERHILL ROAD2025-03$330,0001,07577.0%
77 MONTGOMERY PLACE2026-01$470,0001,36858.6%
79 SYCAMORE DRIVE2025-06$575,0001,35358.7%

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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 →