The Fair Share Report
801 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 $300,811 – $432,383, from 12 comparable Northfield sales in the past 18 months (home size estimated from assessor data — range widened).
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 $402,548 home should be assessed near $246,078.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $76,078 below what the ratio math suggests (30.9%).
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
34%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 |
|---|---|---|---|---|
| 205 RIDGEWOOD DR | 2025-10 | $422,500 | 1,448 | 49.0% |
| 1604 WELLS AVE | 2025-04 | $365,000 | 1,452 | 60.7% |
| 20 WILSON DR | 2025-06 | $424,500 | 1,448 | 37.7% |
| 603 FAIRBANKS AVE | 2025-06 | $355,000 | 1,568 | 55.2% |
| 1225 LITTLEFIELD AVE | 2025-08 | $420,000 | 1,362 | 53.5% |
| 19 LOCUST DR | 2026-03 | $420,000 | 1,444 | 52.6% |
| 800 ADELE ST | 2025-07 | $349,000 | 1,320 | 53.0% |
| 2413 SHEPHERD CIRCLE | 2026-06 | $389,000 | 1,563 | 41.1% |
| 133 E VERNON AVE | 2025-06 | $285,000 | 1,233 | 76.3% |
| 206 RIDGEWOOD DR | 2025-04 | $385,000 | 1,171 | 48.7% |
| 216 W GLENCOVE AVE | 2025-06 | $375,000 | 1,159 | 47.9% |
| 219 JACKSON AVE | 2026-06 | $185,000 | 1,472 | 99.4% |
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