The Fair Share Report
809 First 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 $246,637 – $437,715, 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 $361,757 home should be assessed near $221,142.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $46,842 below what the ratio math suggests (21.2%).
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 |
|---|---|---|---|---|
| 112 ROOSEVELT AVE | 2025-03 | $342,000 | 1,406 | 51.9% |
| 28 ROOSEVELT AVE | 2025-08 | $205,000 | 1,632 | 96.5% |
| 711 FIRST ST | 2025-10 | $408,000 | 1,528 | 47.1% |
| 38 E REVERE AVE | 2025-05 | $433,000 | 1,440 | 42.7% |
| 219 JACKSON AVE | 2026-06 | $185,000 | 1,472 | 99.4% |
| 522 SPRUCE AVE | 2025-10 | $310,500 | 1,260 | 46.7% |
| 833 W MILL RD | 2025-02 | $275,000 | 1,505 | 48.0% |
| 2 FORREST DR | 2025-01 | $457,500 | 1,586 | 42.0% |
| 205 RIDGEWOOD DR | 2025-10 | $422,500 | 1,448 | 49.0% |
| 618 JACKSON AVE | 2025-06 | $279,000 | 1,528 | 62.2% |
| 19 ZION RD | 2025-01 | $419,900 | 1,435 | 47.8% |
| 213 ROOSEVELT AVE | 2025-05 | $370,000 | 1,286 | 39.5% |
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