The Fair Share Report

111 Haddon Pl

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.

Step 1 · Market value

≈ $1,784,231

Likely range $1,223,521 – $2,182,018, from 12 comparable Montclair sales in the past 18 months (home size estimated from assessor data — range widened).

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 $1,784,231 home should be assessed near $1,003,808.

Step 3 · Assessed value

$881,800

Set at the last town-wide revaluation and mostly frozen since. That's $122,008 below what the ratio math suggests (12.2%).

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%

Step 5 · The bill

$31,004/yr
Public schools$17,804
Essex County$5,070
Town of Montclair$8,130
Montclair average$22,487

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

Town median 49.3%
This home · 49.4%

33%78%

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
215 MONTCLAIR AVENUE2025-07$1,975,0002,91440.4%
116 MAPLE AVENUE2026-03$1,327,0002,87430.3%
17 PARKWAY2025-10$2,092,9242,89338.8%
22 DURYEA ROAD2025-06$2,101,0002,86243.1%
172 WATCHUNG AVENUE2026-01$2,150,0003,09637.0%
124 CHRISTOPHER STREET2025-06$2,500,0002,88042.2%
9 COLUMBUS AVENUE2025-06$1,700,0002,87144.0%
101 GLENRIDGE AVENUE2024-12$700,0002,99557.2%
14 PRESCOTT AVENUE2025-10$1,700,0002,76545.0%
62 GLENWOOD ROAD2025-11$2,075,0002,82941.5%
296 GROVE STREET2025-08$1,200,0002,77853.8%
44 BEVERLEY ROAD2025-07$1,810,0002,94047.0%

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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 →