The Fair Share Report
31 Riverview Dr
Montclair, NJ 07043
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 $636,273 – $1,211,793, 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 $1,000,657 home should be assessed near $562,970.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $50,870 below what the ratio math suggests (9.0%).
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%86%
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 |
|---|---|---|---|---|
| 4 STONEHENGE ROAD | 2025-05 | $999,000 | 1,917 | 55.9% |
| 166 LINCOLN STREET | 2025-09 | $707,500 | 1,920 | 49.1% |
| 157 ALEXANDER AVENUE | 2025-03 | $1,025,000 | 1,979 | 56.9% |
| 39 ENFIELD AVENUE | 2025-11 | $815,000 | 1,984 | 46.2% |
| 5 CANTERBURY DRIVE | 2026-04 | $1,025,000 | 1,908 | 37.2% |
| 38 NISHUANE ROAD | 2025-06 | $805,000 | 1,967 | 47.3% |
| 149 WILLOWDALE AVENUE | 2026-05 | $699,000 | 1,936 | 48.4% |
| 43 ALEXANDER AVENUE | 2025-02 | $700,000 | 2,041 | 60.5% |
| 5 KENNETH ROAD | 2025-07 | $999,999 | 2,077 | 60.9% |
| 9 EMERSON PLACE | 2025-04 | $1,200,000 | 1,913 | 50.5% |
| 10 KENNETH ROAD | 2025-08 | $1,050,000 | 1,716 | 53.6% |
| 210 GROVE STREET | 2025-08 | $1,300,000 | 1,976 | 42.1% |
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