The Fair Share Report

102 Mohawk Rd

Millburn, NJ 07078

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.

Step 1 · Market value

≈ $2,062,592

Likely range $1,932,895 – $2,148,713, from 12 comparable Millburn sales in the past 18 months, at this home's 2,807 sq ft.

Step 2 · The Director's Ratio

70.02%

The state's official measure of how far Millburn assessments sit below market value — republished every October, applied town-wide. A $2,062,592 home should be assessed near $1,444,227.

Step 3 · Assessed value

$1,373,600

Set at the last town-wide revaluation and mostly frozen since. That's $70,627 below what the ratio math suggests (4.9%).

Step 4 · The tax rate — same for every Millburn home

$2.019 per $100 assessed

$1.033 Schools · 51% $0.453 County · 22% $0.532 Town · 26%

Step 5 · The bill

$27,733/yr
Public schools$14,196
Essex County$6,225
Town of Millburn$7,311
Millburn average$26,292

This home vs. every recent Millburn sale · assessed ÷ market

Town median 60.8%
This home · 66.6%

45%86%

Paying about right

This home's ratio lands inside Millburn's normal band. The drift hasn't singled it out — no case for a tax appeal.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
6 TROY DRIVE2025-05$2,150,0002,76464.0%
7 HAMPSHIRE ROAD2026-04$1,999,0002,90368.4%
128 GREAT HILLS ROAD2026-04$2,300,0003,08242.4%
82 MOHAWK ROAD2025-10$2,345,0003,24658.2%
80 CANOE BROOK ROAD2026-05$1,750,0003,09270.8%
7 FALMOUTH STREET2024-12$2,310,0003,01855.1%
400 OLD SHORT HILLS ROAD2025-11$1,800,0002,64453.8%
39 BROWNING ROAD2025-01$2,200,0002,87458.0%
61 WESTERN DRIVE2026-05$1,900,0002,54472.4%
10 EDWARDS PLACE2026-03$2,200,0002,99456.4%
30 AUDUBON COURT2025-06$2,300,0003,29360.6%
423 LONG HILL DRIVE2026-04$1,995,0003,23460.0%

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Estimates from public records — NJ MOD-IV assessments, SR1A usable sales, and Treasury/DCA rate tables. Your house has a history. Write the next chapter on Plotline →