The Fair Share Report
648 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $409,889 – $616,118, from 12 comparable Roselle sales in the past 18 months (home size estimated from assessor data — range widened).
Step 2 · The Director's Ratio
The state's official measure of how far Roselle assessments sit below market value — republished every October, applied town-wide. A $547,830 home should be assessed near $153,721.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $15,179 above what the ratio math suggests (9.9%).
Step 4 · The tax rate — same for every Roselle home
$3.297 Schools · 36% $1.177 County · 13% $4.673 Town · 51%
Step 5 · The bill
This home vs. every recent Roselle sale · assessed ÷ market
14%47%
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 332 HAMILTON ST | 2025-11 | $605,000 | 2,147 | 27.8% |
| 474 W 3RD AVE | 2025-07 | $450,000 | 2,185 | 27.9% |
| 419 MARTIN ST | 2025-08 | $380,000 | 2,302 | 37.2% |
| 433 E 5TH AVE | 2025-09 | $520,000 | 2,018 | 34.6% |
| 315 DRAKE AVE | 2025-10 | $465,500 | 2,144 | 31.0% |
| 109 E 6TH AVE | 2025-10 | $380,250 | 1,814 | 30.2% |
| 1025 RIVINGTON ST | 2026-04 | $670,000 | 2,324 | 27.3% |
| 146 E 10TH AVE | 2026-04 | $670,000 | 2,381 | 19.1% |
| 201 STERLING PL | 2026-02 | $490,000 | 2,034 | 28.0% |
| 319 WHITE ST | 2025-04 | $550,000 | 1,954 | 13.6% |
| 1124 DRAKE AVE | 2025-09 | $830,000 | 1,940 | 17.9% |
| 17 ALISON RD | 2025-09 | $480,000 | 1,858 | 26.5% |
Is this your house?
Run your own report →