The Fair Share Report
10 Argyle Rd
Montclair, NJ 07043
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 $603,841 – $1,266,341, from 12 comparable Montclair 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 Montclair assessments sit below market value — republished every October, applied town-wide. A $1,010,852 home should be assessed near $568,705.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $4,795 above what the ratio math suggests (0.8%).
Step 4 · The tax rate — same for every Montclair home
$2.019 Schools · 57% $0.575 County · 16% $0.922 Town · 26%
This home's own bill implies $3.472 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Montclair sale · assessed ÷ market
33%100%
Paying about right
This home's ratio lands inside Montclair'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 |
|---|---|---|---|---|
| 4 STONEHENGE ROAD | 2025-05 | $999,000 | 1,917 | 55.9% |
| 43 ALEXANDER AVENUE | 2025-02 | $700,000 | 2,041 | 60.5% |
| 38 NISHUANE ROAD | 2025-06 | $805,000 | 1,967 | 47.3% |
| 166 LINCOLN STREET | 2025-09 | $707,500 | 1,920 | 49.1% |
| 14 WARD PLACE | 2025-10 | $685,000 | 2,100 | 51.1% |
| 5 CANTERBURY DRIVE | 2026-04 | $1,025,000 | 1,908 | 37.2% |
| 8 AMHERST PLACE | 2025-07 | $1,100,000 | 2,184 | 59.2% |
| 20 COLUMBUS AVENUE | 2026-06 | $1,200,000 | 1,985 | 52.2% |
| 138 ALEXANDER AVENUE | 2026-03 | $1,450,000 | 2,192 | 43.9% |
| 398 GROVE STREET | 2026-05 | $1,353,000 | 2,092 | 49.9% |
| 5 KENNETH ROAD | 2025-07 | $999,999 | 2,077 | 60.9% |
| 9 EMERSON PLACE | 2025-04 | $1,200,000 | 1,913 | 50.5% |
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