The Fair Share Report
705 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 $441,320 – $571,847, 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 $511,794 home should be assessed near $143,609.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $35,309 below what the ratio math suggests (24.6%).
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
13%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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 722 PINE ST | 2026-05 | $470,000 | 1,174 | 32.0% |
| 446 E 5TH AVE | 2025-10 | $570,000 | 1,152 | 24.8% |
| 208 HOLLY DR | 2025-05 | $425,000 | 1,120 | 33.5% |
| 350 BIRCH DR | 2025-11 | $550,000 | 1,174 | 24.1% |
| 463 W 6TH AVE | 2026-04 | $650,000 | 1,158 | 20.7% |
| 454 W 6TH AVE | 2026-04 | $570,000 | 1,164 | 20.2% |
| 457 W 4TH AVE | 2025-11 | $500,000 | 1,160 | 23.1% |
| 104 KENNEDY DR | 2025-02 | $535,000 | 1,152 | 17.7% |
| 117 VINE ST | 2025-01 | $525,000 | 1,276 | 23.5% |
| 118 W HIGHLAND PKWY | 2025-05 | $505,000 | 1,076 | 27.9% |
| 572 BERLANT AVE | 2025-07 | $450,000 | 1,232 | 27.2% |
| 540 W 7TH AVE | 2025-11 | $385,000 | 1,355 | 36.5% |
Is this your house?
Run your own report →