The Fair Share Report
3 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 $1,023,752 – $1,537,953, 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 $1,355,140 home should be assessed near $762,402.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $96,402 below what the ratio math suggests (12.6%).
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%71%
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 |
|---|---|---|---|---|
| 153 WILLOWDALE AVENUE | 2025-07 | $700,000 | 2,217 | 44.4% |
| 9 BELLAIRE DRIVE | 2025-04 | $1,302,750 | 2,188 | 44.6% |
| 182 WILDWOOD AVENUE | 2025-03 | $1,660,000 | 2,186 | 43.0% |
| 138 ALEXANDER AVENUE | 2026-03 | $1,450,000 | 2,192 | 43.9% |
| 401 NO. FULLERTON AVENUE | 2025-10 | $1,450,000 | 2,132 | 48.1% |
| 30 WELLESLEY ROAD | 2026-05 | $1,500,000 | 2,200 | 48.0% |
| 6 HIGHMONT TERRACE | 2025-01 | $1,450,000 | 2,354 | 52.7% |
| 14 WARD PLACE | 2025-10 | $685,000 | 2,100 | 51.1% |
| 220 GROVE STREET | 2025-03 | $955,000 | 2,060 | 60.8% |
| 35 PORTER PLACE | 2025-07 | $1,525,000 | 2,430 | 47.2% |
| 20 BURNSIDE STREET | 2025-01 | $1,100,000 | 2,215 | 54.4% |
| 26 CLAIRIDGE COURT | 2026-04 | $1,600,000 | 2,130 | 42.1% |
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