The Fair Share Report

705 Carleton Rd

Westfield, NJ 07090

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

≈ $1,331,631

Likely range $1,179,238 – $1,543,752, from 12 comparable Westfield sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

72.48%

The state's official measure of how far Westfield assessments sit below market value — republished every October, applied town-wide. A $1,331,631 home should be assessed near $965,166.

Step 3 · Assessed value

$828,700

Set at the last town-wide revaluation and mostly frozen since. That's $136,466 below what the ratio math suggests (14.1%).

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

$2.291 per $100 assessed

$1.428 Schools · 62% $0.455 County · 20% $0.409 Town · 18%

Westfield also levies a Special Improvement District charge inside its district boundaries — the county roll doesn't say which homes are in it, but a bill's "IMPROVEMENT DISTRICT" line does. District homes pay $2.396 per $100 all-in (+$0.105).

Step 5 · The bill

$18,994/yr
Public schools$11,834
Union County$3,771
Town of Westfield$3,389
Westfield average$18,940

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

Town median 62.4%
This home · 62.2%

46%89%

Paying about right

This home's ratio lands inside Westfield'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
1738 CENTRAL AVE2025-07$850,0002,27567.5%
904 CRANFORD AVE2026-05$1,270,0002,35858.5%
882 PENNSYLVANIA AVE2025-06$1,500,0002,44157.6%
112 LINDEN AVE2025-11$1,675,0002,18749.5%
406 CAYUGA WAY2025-12$950,0002,32261.6%
401 POE AVE2026-06$1,460,0002,42058.9%
735 CASTLEMAN DR2026-04$1,600,0002,46646.7%
59 GENESEE TRAIL2026-04$1,350,0002,45551.9%
2 DORIS PKWY2026-04$1,295,0002,66953.3%
898 VILLAGE GREEN2025-07$1,330,0002,54260.5%
36 MANCHESTER DR2025-04$1,500,0002,54148.7%
407 CAYUGA WAY2026-06$1,175,0002,19851.4%

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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 →