The Fair Share Report

141 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

≈ $1,593,529

Likely range $1,115,664 – $1,981,150, 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 $1,593,529 home should be assessed near $896,519.

Step 3 · Assessed value

$755,400

Set at the last town-wide revaluation and mostly frozen since. That's $141,119 below what the ratio math suggests (15.7%).

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%

Step 5 · The bill

$26,560/yr
Public schools$15,252
Essex County$4,344
Town of Montclair$6,965
Montclair average$22,487

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

Town median 49.3%
This home · 47.4%

33%73%

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
281 ORANGE ROAD2025-05$925,0002,47943.7%
41 GATES AVENUE2025-05$999,0002,35842.4%
17 ELSTON ROAD2025-01$2,000,0002,65840.9%
214 INWOOD AVENUE2025-08$1,350,0002,59457.0%
49 GREENWOOD AVENUE2025-01$1,099,0002,41243.2%
97 MONTCLAIR AVENUE2026-04$2,100,0002,61135.3%
28 WATERBURY ROAD2025-10$1,660,0002,38342.7%
262 CLAREMONT AVENUE2026-05$1,560,0002,79240.2%
134 CLAREWILL AVENUE2025-12$1,680,0002,64356.5%
99 MONTCLAIR AVENUE2026-01$1,800,0002,36842.1%
251 NO. MOUNTAIN AVENUE2025-02$1,650,0002,27141.7%
283 ORANGE ROAD2026-05$1,300,0002,70354.2%

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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 →