The Fair Share Report
712 Second St
Northfield, NJ 08225
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 $314,638 – $395,518, from 12 comparable Northfield 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 Northfield assessments sit below market value — republished every October, applied town-wide. A $368,227 home should be assessed near $225,097.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $60,097 below what the ratio math suggests (26.7%).
Step 4 · The tax rate — same for every Northfield home
$2.086 Schools · 55% $0.563 County · 15% $1.127 Town · 30%
Step 5 · The bill
This home vs. every recent Northfield sale · assessed ÷ market
35%78%
Paying about right
This home's ratio lands inside Northfield'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 |
|---|---|---|---|---|
| 2514 HELEN DR WEST | 2026-03 | $388,000 | 1,267 | 55.2% |
| 537 RIDGEWOOD DR | 2025-10 | $455,000 | 1,348 | 50.5% |
| 605 SHORE RD | 2026-04 | $317,000 | 1,236 | 58.4% |
| 600 HOLLYWOOD DR | 2026-01 | $448,550 | 1,360 | 37.2% |
| 2604 ZION RD | 2025-07 | $350,000 | 1,257 | 61.3% |
| 2311 WABASH AVE | 2025-08 | $350,000 | 1,412 | 60.5% |
| 2301 ZION RD | 2026-05 | $380,000 | 1,156 | 42.1% |
| 1225 LITTLEFIELD AVE | 2025-08 | $420,000 | 1,362 | 53.5% |
| 227 W GLENCOVE AVE | 2026-03 | $350,000 | 1,416 | 77.9% |
| 605 W MILL RD | 2025-08 | $315,400 | 1,174 | 60.5% |
| 911 SECOND ST | 2026-04 | $350,000 | 1,512 | 58.2% |
| 2124 MERRITT DR | 2025-11 | $407,000 | 1,388 | 59.0% |
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