The Fair Share Report

751 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

≈ $1,032,403

Likely range $891,292 – $1,273,144, 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 $1,032,403 home should be assessed near $748,286.

Step 3 · Assessed value

$537,400

Set at the last town-wide revaluation and mostly frozen since. That's $210,886 below what the ratio math suggests (28.2%).

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

$12,317/yr
Public schools$7,674
Union County$2,445
Town of Westfield$2,198
Westfield average$18,940

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

Town median 62.4%
This home · 52.1%

37%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
825 GRANT AVE2025-04$750,0002,02974.7%
956 SUMMIT AVE2025-08$924,0001,96370.4%
126 WELLS ST2025-08$1,067,5001,94462.2%
642 ROOSEVELT ST2025-10$725,0001,96870.3%
232 HAZEL AVE2026-06$1,140,0001,86750.0%
530 HORT ST2025-05$999,0001,94448.8%
508 DORIAN CT2025-11$800,0001,97366.4%
645 ROOSEVELT ST2026-04$950,0001,86857.6%
644 COLEMAN PL2025-04$940,0002,05669.8%
501 FIRST ST2025-04$1,257,0001,89651.4%
554 HORT ST2025-11$830,0001,80957.6%
712 FOREST AVE2026-06$1,125,0001,93858.9%

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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 →