The Fair Share Report

12 Clairidge Ct

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

≈ $1,588,937

Likely range $1,344,170 – $1,720,679, from 12 comparable Montclair sales in the past 18 months, at this home's 2,536 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 $1,588,937 home should be assessed near $893,936.

Step 3 · Assessed value

$751,300

Set at the last town-wide revaluation and mostly frozen since. That's $142,636 below what the ratio math suggests (16.0%).

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

$26,374/yr
Public schools$15,145
Essex County$4,313
Town of Montclair$6,916
Montclair average$22,487

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

Town median 49.3%
This home · 47.3%

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
105 MONTCLAIR AVENUE2025-05$2,100,0002,52136.3%
3 GLENRIDGE PARKWAY2025-05$1,573,9002,51241.2%
35 WATCHUNG AVENUE2025-12$1,600,0002,53742.7%
110 GORDONHURST AVENUE2025-11$1,720,0002,53543.1%
485 VALLEY ROAD2026-05$1,350,0002,54744.8%
304 GROVE STREET2025-06$1,119,1122,54352.2%
51 TUXEDO ROAD2025-05$1,705,0002,68441.4%
32 IRVING STREET2026-06$810,0002,51547.5%
660 RIDGEWOOD AVENUE2025-08$1,799,9992,51647.9%
35 PORTER PLACE2025-07$1,525,0002,43047.2%
121 BEVERLEY ROAD2025-07$1,465,0002,69854.9%
83 ESSEX AVENUE2026-05$1,705,0002,73745.5%

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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 →