The Fair Share Report
68 Eugene Pl
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $375,140 – $530,681, from 12 comparable Belleville 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 Belleville assessments sit below market value — republished every October, applied town-wide. A $497,185 home should be assessed near $293,985.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $101,885 below what the ratio math suggests (34.7%).
Step 4 · The tax rate — same for every Belleville home
$1.652 Schools · 40% $0.541 County · 13% $1.963 Town · 47%
Step 5 · The bill
This home vs. every recent Belleville sale · assessed ÷ market
31%73%
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 66 HARRISON STREET | 2025-04 | $460,000 | 1,340 | 52.9% |
| 29 MERTZ AVENUE | 2025-05 | $525,000 | 1,336 | 55.8% |
| 212 STEPHENS STREET | 2026-02 | $425,000 | 1,407 | 52.0% |
| 66 BELL STREET | 2026-03 | $440,000 | 1,248 | 55.9% |
| 55 CENTER STREET | 2025-12 | $350,000 | 1,243 | 65.2% |
| 436 DE WITT AVENUE | 2025-12 | $540,000 | 1,325 | 50.5% |
| 140 ADELAIDE STREET | 2025-01 | $515,000 | 1,328 | 59.2% |
| 86 ADELAIDE STREET | 2025-02 | $500,000 | 1,462 | 52.3% |
| 15 BREMOND STREET | 2025-05 | $600,000 | 1,192 | 50.3% |
| 19 MALONE AVENUE | 2024-12 | $469,000 | 1,248 | 46.9% |
| 280 GREYLOCK PARKWAY | 2025-02 | $360,000 | 1,244 | 57.2% |
| 17 GARDEN AVENUE | 2025-10 | $565,000 | 1,412 | 45.0% |
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