The Fair Share Report

30 Dodd St

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.

Step 1 · Market value

≈ $732,905

Likely range $648,421 – $921,042, from 12 comparable Montclair sales in the past 18 months, at this home's 1,232 sq ft.

Step 2 · The Director's Ratio

56.26%

The state's official measure of how far Montclair assessments sit below market value — republished every October, applied town-wide. A $732,905 home should be assessed near $412,332.

Step 3 · Assessed value

$584,400

Set at the last town-wide revaluation and mostly frozen since. That's $172,068 above what the ratio math suggests (41.7%).

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

$3.516 per $100 assessed

$2.019 Schools · 57% $0.575 County · 16% $0.922 Town · 26%

Step 5 · The bill

$20,548/yr
Public schools$11,799
Essex County$3,360
Town of Montclair$5,388
Montclair average$22,487

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

Town median 49.3%
This home · 79.7%

33%96%

A touch high — worth watching

This home's ratio sits above most of Montclair, but doesn't clear NJ's legal appeal line (64.70%).

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

AddressSoldPriceSq ftRatio
4 WILFRED STREET2025-01$660,0001,21447.9%
51 1/2 GREENWOOD AVE REAR2026-06$903,1001,20841.2%
15 GARFIELD PLACE2026-04$793,0001,18455.9%
15 HOWE AVENUE2025-11$520,0001,30558.4%
18 PARK TERRACE2025-08$975,0001,15257.7%
98 WILDWOOD AVENUE2025-10$971,0001,32462.6%
19 WILLOWMERE AVENUE2026-05$940,0001,30837.3%
194 HARRISON AVENUE2025-12$724,0001,35045.8%
56 SHERMAN STREET2025-08$680,0001,32047.7%
6 FERNWOOD PLACE2026-01$815,0001,37061.3%
31 NASSAU ROAD2026-05$1,120,0001,37250.6%
13 GARDINER PLACE2026-06$720,0001,36849.1%

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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 →