The Fair Share Report

237 Christopher St

Montclair, NJ 07043

The town catches up with market prices only once a year — and only on average. This report checks whether this house's assessment kept pace.

This home's payments are about right

It sits inside Montclair's normal range — market price changes haven't singled it out. No case for a tax appeal.

Step 1 · Market value

≈ $1,747,088

Likely range $1,098,057 – $2,180,718, 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 $1,747,088 home should be assessed near $982,912.

Step 3 · Assessed value

$1,033,700

Set at the last town-wide revaluation and mostly frozen since. That's $50,788 above what the ratio math suggests (5.2%).

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

$36,345/yr
Public schools$20,870
Essex County$5,944
Town of Montclair$9,531
Montclair average$22,487

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

Town median 49.3%
This home · 59.2%

33%100%

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
30 PLYMOUTH STREET2025-11$1,875,0003,58636.6%
38 NORMAN ROAD2025-06$2,300,0003,37249.0%
558 PARK STREET2025-04$1,955,0003,35545.8%
59 WATCHUNG AVENUE2025-04$1,140,0003,50861.8%
28 GODFREY ROAD2026-05$1,561,0003,33249.4%
517 PARK STREET2025-06$1,200,0003,43947.2%
110 HIGH STREET2025-07$1,800,0003,59754.2%
35 HIGH STREET2025-03$1,100,0003,16447.7%
150 GORDONHURST AVENUE2025-05$1,575,0003,18547.8%
89 PORTER PLACE2025-12$2,150,0003,58246.9%
40 NO. WILLOW STREET2025-05$1,185,0003,20536.2%
253 MIDLAND AVENUE2025-10$2,310,0003,79243.4%

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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 →