The Fair Share Report

103 Maple Ave

Montclair, NJ 07042

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

≈ $895,392

Likely range $714,554 – $1,104,597, from 12 comparable Montclair sales in the past 18 months, at this home's 1,590 sq ft.

Step 2 · The Director's Ratio

56.26%

The state's official measure of how far Montclair assessments sit below market value — republished every October, applied town-wide. A $895,392 home should be assessed near $503,748.

Step 3 · Assessed value

$429,700

Set at the last town-wide revaluation and mostly frozen since. That's $74,048 below what the ratio math suggests (14.7%).

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

$3.516 per $100 assessed

$2.019 Schools · 57% $0.575 County · 16% $0.922 Town · 26%

This home's own bill implies $1.985 per $100 — well off the general rate. That usually means the town revalued since the last bill.

Step 5 · The bill

$8,530/yr
Public schools$4,898
Essex County$1,395
Town of Montclair$2,237
Montclair average$22,487

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

Town median 49.3%
This home · 48.0%

33%70%

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)

AddressSoldPriceSq ftRatio
379 ORANGE ROAD2025-07$600,0001,62060.6%
29 NORWOOD AVENUE2026-05$999,9991,64757.6%
197 GROVE STREET2025-09$901,0001,56055.0%
10 GRAHAM TERRACE2025-05$970,0001,61836.3%
32 DODD STREET2026-02$1,340,0001,57443.9%
7 FRANKLIN AVENUE2025-12$605,0001,55650.7%
7 FRANKLIN AVENUE2025-05$500,0001,55661.3%
31 GRENADA PLACE2025-06$900,0001,65450.9%
110 ESSEX AVENUE2025-07$1,210,0001,69848.1%
7 GRAHAM TERRACE2025-07$1,225,0001,65431.4%
6 FRANKLIN AVENUE2026-06$755,0001,68044.4%
57 UNION STREET C40512026-02$750,0001,54860.6%

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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 →