The Fair Share Report

30 Frederick 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

≈ $1,679,459

Likely range $1,159,912 – $1,907,849, from 12 comparable Montclair sales in the past 18 months (home size estimated from assessor data — range widened).

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 $1,679,459 home should be assessed near $944,864.

Step 3 · Assessed value

$782,300

Set at the last town-wide revaluation and mostly frozen since. That's $162,564 below what the ratio math suggests (17.2%).

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

$27,506/yr
Public schools$15,795
Essex County$4,498
Town of Montclair$7,213
Montclair average$22,487

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

Town median 49.3%
This home · 46.6%

33%73%

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)

AddressSoldPriceSq ftRatio
60 ARDSLEY ROAD2025-10$1,280,0002,72253.8%
51 TUXEDO ROAD2025-05$1,705,0002,68441.4%
83 ESSEX AVENUE2026-05$1,705,0002,73745.5%
121 BEVERLEY ROAD2025-07$1,465,0002,69854.9%
190 FERNWOOD AVENUE2025-10$1,828,0002,64945.5%
234 PARK STREET2025-04$1,200,0002,76057.5%
107 SUMMIT AVENUE2025-08$1,925,0002,81261.1%
62 GLENWOOD ROAD2025-11$2,075,0002,82941.5%
11 CENTRAL AVENUE2026-06$1,200,0002,78743.2%
9 COLUMBUS AVENUE2025-06$1,700,0002,87144.0%
17 WILFRED STREET2026-04$860,0002,66045.0%
306 NO. MOUNTAIN AVENUE2026-03$1,475,0002,61652.1%

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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 →