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.

Step 1 · Market value

≈ $386,975

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

61.13%

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

$185,000

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

$3.777 per $100 assessed

$2.086 Schools · 55% $0.563 County · 15% $1.127 Town · 30%

Step 5 · The bill

$6,989/yr
Public schools$3,861
Atlantic County$1,042
Town of Northfield$2,086
Northfield average$8,299

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

Town median 50.5%
This home · 47.8%

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)

AddressSoldPriceSq ftRatio
403 PARK LANE2025-10$240,0001,17689.5%
133 E VERNON AVE2025-06$285,0001,23376.3%
10 FORREST DR2025-02$240,0001,20683.8%
405 PARK LANE2025-10$328,5001,09255.2%
26 W ROSEDALE AVE2025-05$339,0001,12850.8%
206 RIDGEWOOD DR2025-04$385,0001,17148.7%
210 RIDGEWOOD DR2026-05$456,0001,17841.9%
208 W GLENCOVE AVE2025-11$410,0001,15944.2%
216 W GLENCOVE AVE2025-06$375,0001,15947.9%
205 RIDGEWOOD DR2025-10$422,5001,44849.0%
400 ASTER ST2025-09$350,0001,59062.2%
1604 WELLS AVE2025-04$365,0001,45260.7%

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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 →