The Fair Share Report
97 Overlook Dr
Union, NJ 08809
The town adjusts for market price changes once a year — but only based on the average price change of all homes in the area. This report checks whether this house's assessment kept pace.
Good news — this home pays less than its share
Its assessment sits low relative to what homes like it actually sell for. An appeal would only invite a fresh look at a number working in the owner's favor.
Step 1 · Market value
Likely range $351,955 – $429,046, from 12 comparable Union 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 Union assessments sit below market value — republished every October, applied town-wide. A $372,822 home should be assessed near $323,088.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $77,388 below what the ratio math suggests (24.0%).
Step 4 · The tax rate — same for every Union home
$1.570 Schools · 72% $0.386 County · 18% $0.239 Town · 11%
This home's own bill implies $2.095 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Union sale · assessed ÷ market
52%105%
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 57 OVERLOOK DRIVE | 2026-06 | $355,000 | 1,275 | 69.2% |
| 41 OVERLOOK DR | 2025-11 | $315,000 | 1,275 | 76.6% |
| 87 OVERLOOK DR | 2025-06 | $325,000 | 1,275 | 73.1% |
| 1 NORTH SLOPE | 2025-06 | $335,000 | 1,275 | 71.2% |
| 47 OVERLOOK DR | 2025-05 | $385,000 | 1,275 | 63.8% |
| 94 NORTH SLOPE | 2026-04 | $350,000 | 1,275 | 68.2% |
| 32 HILLSIDE CT | 2025-11 | $385,000 | 1,233 | 63.3% |
| 3 NORTH SLOPE | 2025-10 | $345,000 | 1,233 | 70.7% |
| 16 WESTWAY | 2025-08 | $330,000 | 1,233 | 73.9% |
| 74 OVERLOOK DR | 2025-04 | $315,000 | 1,233 | 76.5% |
| 584 ROUTE 614 | 2026-02 | $425,000 | 1,376 | 83.9% |
| 571 ROUTE 614 | 2026-04 | $500,000 | 1,368 | 72.6% |
Is this your house?
Run your own report →