The Fair Share Report
29 Sinclair Ter
Millburn, NJ 07078
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 $3,263,257 – $4,330,074, from 12 comparable Millburn 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 Millburn assessments sit below market value — republished every October, applied town-wide. A $3,690,797 home should be assessed near $2,584,296.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $93,396 below what the ratio math suggests (3.6%).
Step 4 · The tax rate — same for every Millburn home
$1.033 Schools · 51% $0.453 County · 22% $0.532 Town · 26%
Step 5 · The bill
This home vs. every recent Millburn sale · assessed ÷ market
45%86%
Paying about right
This home's ratio lands inside Millburn'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 |
|---|---|---|---|---|
| 126 FAIRFIELD DRIVE | 2026-06 | $3,500,000 | 5,756 | 91.9% |
| 8 SHERWOOD ROAD | 2025-04 | $4,288,000 | 5,502 | 60.6% |
| 96 WESTVIEW ROAD | 2026-05 | $3,740,000 | 5,301 | 60.8% |
| 54 BARNSDALE ROAD | 2025-04 | $3,125,000 | 4,645 | 71.0% |
| 22 DORSET LANE | 2025-02 | $4,050,000 | 5,314 | 53.3% |
| 91 FAIRFIELD DRIVE | 2025-08 | $3,700,000 | 6,083 | 67.6% |
| 162 HARTSHORN DRIVE | 2025-12 | $3,350,000 | 5,144 | 79.2% |
| 25 CLIVE HILLS ROAD | 2025-08 | $4,000,000 | 4,969 | 61.1% |
| 44 WEST BEECHCROFT ROAD | 2026-02 | $2,830,000 | 4,656 | 69.4% |
| 270 WHITE OAK RIDGE ROAD | 2025-08 | $3,100,000 | 4,932 | 66.0% |
| 260 HARTSHORN DRIVE | 2025-07 | $4,200,000 | 5,460 | 66.1% |
| 26 KEATS ROAD | 2026-04 | $3,370,000 | 4,738 | 60.8% |
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