The Fair Share Report

752 E 2nd 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.

Step 1 · Market value

≈ $469,148

Likely range $428,873 – $526,810, from 12 comparable Roselle sales in the past 18 months, at this home's 962 sq ft.

Step 2 · The Director's Ratio

28.06%

The state's official measure of how far Roselle assessments sit below market value — republished every October, applied town-wide. A $469,148 home should be assessed near $131,643.

Step 3 · Assessed value

$85,700

Set at the last town-wide revaluation and mostly frozen since. That's $45,943 below what the ratio math suggests (34.9%).

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

$9.146 per $100 assessed

$3.297 Schools · 36% $1.177 County · 13% $4.673 Town · 51%

Step 5 · The bill

$7,839/yr
Public schools$2,826
Union County$1,009
Town of Roselle$4,005
Roselle average$11,228

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

Town median 24.2%
This home · 18.3%

11%39%

Keep quiet and enjoy it

This home's assessment ratio sits below the Roselle pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
398 W 4TH AVE2025-05$475,00097427.1%
548 W 5TH AVE2025-06$605,00094421.5%
904 THOMPSON AVE2025-09$425,00089424.3%
121 HARRISON AVE2025-04$422,30085027.0%
121 HARRISON AVE2025-01$305,00085037.4%
113 DENNIS ST2025-01$460,00084019.9%
740 E 2ND AVE2025-01$462,00083225.0%
726 FRANKLIN TERR2025-05$535,00089823.0%
130 GROVE ST2025-01$479,2501,07526.4%
703 ELM ST2026-03$505,0001,10427.3%
703 ELM ST2025-10$400,0001,10434.5%
211 PINE ST2025-01$459,00088426.2%

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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 →