The Fair Share Report

75 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.

Step 1 · Market value

≈ $496,168

Likely range $254,389 – $560,304, from 12 comparable Belleville sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

59.13%

The state's official measure of how far Belleville assessments sit below market value — republished every October, applied town-wide. A $496,168 home should be assessed near $293,384.

Step 3 · Assessed value

$239,300

Set at the last town-wide revaluation and mostly frozen since. That's $54,084 below what the ratio math suggests (18.4%).

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

$4.156 per $100 assessed

$1.652 Schools · 40% $0.541 County · 13% $1.963 Town · 47%

Step 5 · The bill

$9,948/yr
Public schools$3,954
Essex County$1,295
Town of Belleville$4,699
Belleville average$11,634

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

Town median 52.2%
This home · 48.2%

37%100%

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)

AddressSoldPriceSq ftRatio
79 MALONE AVENUE2025-09$530,0001,58250.2%
98 LITTLE STREET2025-06$550,0001,57858.5%
49 JORALEMON STREET2025-08$450,0001,60459.8%
160 STEPHENS STREET2025-05$545,0001,73652.6%
147 BELLEVILLE AVENUE2025-11$250,0001,35385.2%
147 BELLEVILLE AVENUE2025-09$180,0001,353118.3%
105 RALPH STREET2025-06$499,0001,58645.5%
401 CORTLANDT STREET2026-04$520,0001,80645.4%
10 BRIDGE STREET2025-07$495,0001,55648.7%
23 BREMOND STREET2025-03$570,0001,64249.7%
132 HECKEL STREET2026-04$465,0001,36135.2%
118 CEDAR HILL AVENUE2026-01$527,0001,51848.1%

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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 →