The Fair Share Report

710 E Broad St

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

≈ $1,301,952

Likely range $1,001,053 – $1,503,449, 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 $1,301,952 home should be assessed near $943,655.

Step 3 · Assessed value

$782,500

Set at the last town-wide revaluation and mostly frozen since. That's $161,155 below what the ratio math suggests (17.1%).

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

$17,935/yr
Public schools$11,174
Union County$3,560
Town of Westfield$3,200
Westfield average$18,940

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

Town median 62.4%
This home · 60.1%

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
401 LENOX AVE2026-02$900,0002,42678.9%
538 WESTFIELD AVE2026-01$1,418,0002,29853.1%
603 CLARK ST2025-04$1,141,0002,34486.6%
416 BOULEVARD2025-10$999,9992,78560.9%
306 CHESTNUT ST N2025-05$1,325,0002,34965.6%
141 BRIGHTWOOD AVE2026-03$1,250,0002,38281.8%
529 ELM ST2025-01$975,0002,284199.0%
1351 E BROAD ST2026-04$1,250,0002,46555.4%
622 PROSPECT ST2025-07$1,425,0002,49266.8%
882 PENNSYLVANIA AVE2025-06$1,500,0002,44157.6%
211 CACCIOLA PL2025-09$600,0002,24073.0%
898 VILLAGE GREEN2025-07$1,330,0002,54260.5%

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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 →