The Fair Share Report
804 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 $312,228 – $401,030, 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 $367,788 home should be assessed near $224,829.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $74,829 below what the ratio math suggests (33.3%).
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
32%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 |
|---|---|---|---|---|
| 206 RIDGEWOOD DR | 2025-04 | $385,000 | 1,171 | 48.7% |
| 216 W GLENCOVE AVE | 2025-06 | $375,000 | 1,159 | 47.9% |
| 210 RIDGEWOOD DR | 2026-05 | $456,000 | 1,178 | 41.9% |
| 208 W GLENCOVE AVE | 2025-11 | $410,000 | 1,159 | 44.2% |
| 100 W MILL RD | 2025-09 | $349,900 | 1,194 | 52.9% |
| 133 E VERNON AVE | 2025-06 | $285,000 | 1,233 | 76.3% |
| 700 DEBORA ST | 2025-12 | $349,000 | 1,092 | 49.9% |
| 605 W MILL RD | 2025-08 | $315,400 | 1,174 | 60.5% |
| 2514 HELEN DR WEST | 2026-03 | $388,000 | 1,267 | 55.2% |
| 513 PINCUS AVE | 2025-06 | $325,000 | 1,092 | 53.6% |
| 403 PARK LANE | 2025-10 | $240,000 | 1,176 | 89.5% |
| 2301 ZION RD | 2026-05 | $380,000 | 1,156 | 42.1% |
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