The Fair Share Report
2 Hover Dr
Mount Arlington, NJ 07856
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $542,112 – $809,728, from 12 comparable Mount Arlington sales in the past 18 months (home size estimated from assessor data — range widened).
Step 2 · The Director's Ratio
The state's official measure of how far Mount Arlington assessments sit below market value — republished every October, applied town-wide. A $652,220 home should be assessed near $520,732.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $82,232 below what the ratio math suggests (15.8%).
Step 4 · The tax rate — same for every Mount Arlington home
$1.228 Schools · 56% $0.272 County · 12% $0.702 Town · 32%
Step 5 · The bill
This home vs. every recent Mount Arlington sale · assessed ÷ market
49%97%
Paying about right
This home's ratio lands inside Mount Arlington's normal band. The drift hasn't singled it out — no case for a tax appeal.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 580 ERIC LN | 2025-08 | $480,000 | 2,048 | 80.0% |
| 18 HOVER DR | 2026-05 | $629,000 | 1,740 | 70.6% |
| 642 SUCCASUNNA RD | 2025-07 | $599,000 | 2,126 | 60.9% |
| 16 ARLINGTON AVE | 2025-10 | $623,100 | 1,990 | 67.0% |
| 47 CATAMARAN CT | 2025-09 | $700,000 | 2,072 | 65.4% |
| 603 BENSEL DR | 2025-05 | $400,000 | 1,804 | 89.7% |
| 6 CATAMARAN CT | 2025-08 | $925,000 | 2,060 | 82.8% |
| 28 WINDJAMMER LN | 2025-07 | $937,500 | 2,060 | 80.7% |
| 35 CATAMARAN CT | 2025-02 | $780,000 | 2,060 | 59.7% |
| 39 LAKESHORE DR | 2026-04 | $1,085,000 | 2,148 | 70.5% |
| 41 CATAMARAN CT | 2026-01 | $666,500 | 2,148 | 71.1% |
| 54 RICHARD DR EAST | 2025-11 | $480,000 | 1,824 | 74.9% |
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