The Fair Share Report

299 Summit Rd

Mountainside, NJ 07092

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.

Step 1 · Market value

≈ $986,594

Likely range $889,373 – $1,094,852, from 12 comparable Mountainside sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

71.29%

The state's official measure of how far Mountainside assessments sit below market value — republished every October, applied town-wide. A $986,594 home should be assessed near $703,343.

Step 3 · Assessed value

$692,400

Set at the last town-wide revaluation and mostly frozen since. That's $10,943 below what the ratio math suggests (1.6%).

Step 4 · The tax rate — same for every Mountainside home

$2.099 per $100 assessed

$1.023 Schools · 49% $0.482 County · 23% $0.594 Town · 28%

This home's own bill implies $1.931 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$13,371/yr
Public schools$6,517
Union County$3,070
Town of Mountainside$3,784
Mountainside average$13,303

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

Town median 68.2%
This home · 70.2%

48%87%

Paying about right

This home's ratio lands inside Mountainside's normal band. The drift hasn't singled it out — no case for a tax appeal.

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

AddressSoldPriceSq ftRatio
1256 POPLAR AVENUE2026-01$965,0003,25472.5%
361 GREENBRIER COURT2025-04$990,0002,90763.0%
232 BEECHWOOD COURT2025-12$950,0003,02975.5%
249 MEETING HOUSE LANE2025-10$905,0002,90074.3%
242 JUNIPER WAY2025-11$1,116,2523,13170.1%
1049 SUNNY SLOPE DRIVE2025-03$1,401,0003,10752.9%
1524 LONG MEADOW2025-05$798,0002,36577.4%
657 HILLSIDE AVENUE2025-11$1,100,0002,87263.6%
1085 SYLVAN LANE2025-12$733,0002,26775.4%
330 TANAGER WAY2025-07$975,0002,61967.0%
1381 OUTLOOK DRIVE2025-06$1,150,0002,39056.2%
1601 JUSTIN PLACE2025-06$999,0004,07089.9%

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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 →