The Fair Share Report
800 Adele 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 $305,109 – $427,092, from 12 comparable Northfield sales in the past 18 months, at this home's 1,320 sq ft.
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 $386,975 home should be assessed near $236,558.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $51,558 below what the ratio math suggests (21.8%).
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 |
|---|---|---|---|---|
| 403 PARK LANE | 2025-10 | $240,000 | 1,176 | 89.5% |
| 133 E VERNON AVE | 2025-06 | $285,000 | 1,233 | 76.3% |
| 10 FORREST DR | 2025-02 | $240,000 | 1,206 | 83.8% |
| 405 PARK LANE | 2025-10 | $328,500 | 1,092 | 55.2% |
| 26 W ROSEDALE AVE | 2025-05 | $339,000 | 1,128 | 50.8% |
| 206 RIDGEWOOD DR | 2025-04 | $385,000 | 1,171 | 48.7% |
| 210 RIDGEWOOD DR | 2026-05 | $456,000 | 1,178 | 41.9% |
| 208 W GLENCOVE AVE | 2025-11 | $410,000 | 1,159 | 44.2% |
| 216 W GLENCOVE AVE | 2025-06 | $375,000 | 1,159 | 47.9% |
| 205 RIDGEWOOD DR | 2025-10 | $422,500 | 1,448 | 49.0% |
| 400 ASTER ST | 2025-09 | $350,000 | 1,590 | 62.2% |
| 1604 WELLS AVE | 2025-04 | $365,000 | 1,452 | 60.7% |
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