The Fair Share Report
27 Handler Ct
Montgomery, NJ 08502
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 $1,708,222 – $2,044,511, from 12 comparable Montgomery 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 Montgomery assessments sit below market value — republished every October, applied town-wide. A $1,766,957 home should be assessed near $993,737.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $69,737 below what the ratio math suggests (7.0%).
Step 4 · The tax rate — same for every Montgomery home
$2.335 Schools · 68% $0.583 County · 17% $0.519 Town · 15%
Step 5 · The bill
This home vs. every recent Montgomery sale · assessed ÷ market
38%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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 28 HANDLER CT | 2025-07 | $1,760,000 | 4,742 | 44.7% |
| 36 SADDLEWOOD COURT | 2026-04 | $1,487,000 | 4,773 | 57.8% |
| 12 HILLS DRIVE | 2025-06 | $1,540,000 | 4,930 | 49.3% |
| 161 GRAYSON DRIVE | 2025-12 | $1,670,000 | 4,578 | 46.4% |
| 43 ROSEWOOD COURT | 2026-05 | $1,450,000 | 4,562 | 48.0% |
| 36 CONCORD LANE | 2025-09 | $1,520,000 | 4,390 | 53.3% |
| 10 GAITWAY DRIVE | 2025-06 | $1,510,000 | 4,630 | 61.6% |
| 19 ROLLING HILL ROAD | 2025-06 | $2,050,000 | 5,134 | 47.8% |
| 46 ICHABOD CRANE LANE | 2025-08 | $1,550,000 | 4,811 | 40.0% |
| 87 MEADOW LARK LANE | 2025-12 | $1,500,000 | 4,585 | 46.4% |
| 40 GAITWAY DRIVE | 2025-01 | $1,650,000 | 4,411 | 52.5% |
| 17 HUNTERS PATH | 2025-07 | $1,920,000 | 4,668 | 46.1% |
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