The Fair Share Report

630 E 3rd Ave

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

≈ $449,682

Likely range $375,274 – $475,334, 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 $449,682 home should be assessed near $126,181.

Step 3 · Assessed value

$98,500

Set at the last town-wide revaluation and mostly frozen since. That's $27,681 below what the ratio math suggests (21.9%).

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%

Step 5 · The bill

$9,010/yr
Public schools$3,248
Union County$1,159
Town of Roselle$4,603
Roselle average$11,228

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

Town median 24.2%
This home · 21.9%

14%39%

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
130 GROVE ST2025-01$479,2501,07526.4%
703 ELM ST2026-03$505,0001,10427.3%
703 ELM ST2025-10$400,0001,10434.5%
955 WALNUT ST2025-02$450,0001,12425.5%
1274 CHESTNUT ST2025-04$488,0001,14020.9%
439 WHEATSHEAF RD2025-04$476,0001,10622.0%
513 HARRISON AVE2025-07$299,5001,01633.5%
118 W HIGHLAND PKWY2025-05$505,0001,07627.9%
614 SHERIDAN AVE2025-05$485,0001,12932.2%
434 E 3RD AVE2025-03$479,0001,16019.2%
238 E 8TH AVE2026-05$476,0001,11519.4%
712 SHERIDAN AVE2025-04$300,0001,11640.7%

Is this your house?

Run your own report →

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 →