The Fair Share Report
809 Second 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 $242,675 – $379,589, 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 $314,689 home should be assessed near $192,369.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $39,469 below what the ratio math suggests (20.5%).
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 |
|---|---|---|---|---|
| 522 SPRUCE AVE | 2025-10 | $310,500 | 1,260 | 46.7% |
| 112 ROOSEVELT AVE | 2025-03 | $342,000 | 1,406 | 51.9% |
| 213 ROOSEVELT AVE | 2025-05 | $370,000 | 1,286 | 39.5% |
| 38 E REVERE AVE | 2025-05 | $433,000 | 1,440 | 42.7% |
| 711 FIRST ST | 2025-10 | $408,000 | 1,528 | 47.1% |
| 28 ROOSEVELT AVE | 2025-08 | $205,000 | 1,632 | 96.5% |
| 100 W MILL RD | 2025-09 | $349,900 | 1,194 | 52.9% |
| 46 E VERNON AVE | 2025-04 | $285,000 | 1,032 | 55.3% |
| 219 JACKSON AVE | 2026-06 | $185,000 | 1,472 | 99.4% |
| 10 FORREST DR | 2025-02 | $240,000 | 1,206 | 83.8% |
| 210 RIDGEWOOD DR | 2026-05 | $456,000 | 1,178 | 41.9% |
| 811 FIRST ST | 2025-09 | $260,000 | 1,296 | 74.2% |
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