The Fair Share Report
27 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $1,218,321 – $1,680,914, from 12 comparable Montclair 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 Montclair assessments sit below market value — republished every October, applied town-wide. A $1,515,586 home should be assessed near $852,669.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $140,369 below what the ratio math suggests (16.5%).
Step 4 · The tax rate — same for every Montclair home
$2.019 Schools · 57% $0.575 County · 16% $0.922 Town · 26%
Step 5 · The bill
This home vs. every recent Montclair sale · assessed ÷ market
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 35 PORTER PLACE | 2025-07 | $1,525,000 | 2,430 | 47.2% |
| 58 CAMBRIDGE ROAD | 2026-01 | $1,410,000 | 2,355 | 48.3% |
| 6 HIGHMONT TERRACE | 2025-01 | $1,450,000 | 2,354 | 52.7% |
| 105 MONTCLAIR AVENUE | 2025-05 | $2,100,000 | 2,521 | 36.3% |
| 3 GLENRIDGE PARKWAY | 2025-05 | $1,573,900 | 2,512 | 41.2% |
| 35 WATCHUNG AVENUE | 2025-12 | $1,600,000 | 2,537 | 42.7% |
| 42 FRANKLIN PLACE | 2025-11 | $1,050,000 | 2,382 | 45.2% |
| 12 CLAIRIDGE COURT | 2025-08 | $1,750,000 | 2,536 | 42.9% |
| 485 VALLEY ROAD | 2026-05 | $1,350,000 | 2,547 | 44.8% |
| 25 WARREN PLACE | 2025-12 | $877,000 | 2,468 | 58.4% |
| 16 MOUNTAINSIDE PARK TER | 2025-07 | $1,525,000 | 2,416 | 48.4% |
| 30 WELLESLEY ROAD | 2026-05 | $1,500,000 | 2,200 | 48.0% |
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