The Fair Share Report

2 Coldstream Ct

Montgomery, NJ 08558

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

≈ $1,505,560

Likely range $1,439,654 – $1,661,291, from 12 comparable Montgomery sales in the past 18 months, at this home's 3,663 sq ft.

Step 2 · The Director's Ratio

56.24%

The state's official measure of how far Montgomery assessments sit below market value — republished every October, applied town-wide. A $1,505,560 home should be assessed near $846,727.

Step 3 · Assessed value

$687,100

Set at the last town-wide revaluation and mostly frozen since. That's $159,627 below what the ratio math suggests (18.9%).

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

$3.437 per $100 assessed

$2.335 Schools · 68% $0.583 County · 17% $0.519 Town · 15%

Step 5 · The bill

$23,987/yr
Public schools$16,296
Somerset County$4,069
Town of Montgomery$3,622
Montgomery average$17,440

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

Town median 50.5%
This home · 45.6%

36%70%

Paying about right

This home's ratio lands inside Montgomery'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
15 BULL CREEK COURT2025-07$1,578,0003,75943.6%
9 TANGLEWOOD COURT2025-06$1,330,0003,38448.2%
15 REGENTS COURT2025-08$1,285,0003,50846.7%
17 FLANDERS VALLEY COURT2025-04$1,425,0003,49949.0%
9 LABAW WAY2025-08$1,425,0003,46744.7%
2 BULL CREEK COURT2025-08$1,605,0003,49542.2%
3 AUGUSTA COURT2025-08$1,650,0003,92638.5%
21 SPYGLASS ROAD2025-08$1,425,0003,14245.2%
10 MOSELEM SPRINGS COURT2026-05$1,375,0003,38448.5%
3 FIRESTONE COURT2025-07$1,278,5003,34451.0%
17 BANYAN ROAD2025-06$1,950,0003,73837.1%
5 PEBBLE BEACH COURT2025-07$1,625,0003,10438.7%

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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 →