The Fair Share Report
33 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 $1,158,851 – $1,727,883, 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 $1,419,885 home should be assessed near $798,827.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $81,427 below what the ratio math suggests (10.2%).
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%70%
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 SO. BROOKWOOD DRIVE | 2025-03 | $1,550,507 | 2,778 | 51.8% |
| 33 STEPHEN STREET | 2025-09 | $1,400,005 | 2,802 | 48.4% |
| 61 GRANDVIEW PLACE | 2025-05 | $1,621,000 | 2,718 | 42.8% |
| 362 HIGHLAND AVENUE | 2025-08 | $1,455,000 | 2,859 | 55.3% |
| 11 CENTRAL AVENUE | 2026-06 | $1,200,000 | 2,787 | 43.2% |
| 107 SUMMIT AVENUE | 2025-08 | $1,925,000 | 2,812 | 61.1% |
| 17 WILFRED STREET | 2026-04 | $860,000 | 2,660 | 45.0% |
| 30 EDGECLIFF ROAD | 2025-06 | $905,000 | 2,523 | 61.7% |
| 21 COLLEGE AVENUE | 2025-06 | $1,510,000 | 3,002 | 46.3% |
| 36 WARFIELD STREET | 2025-11 | $1,610,000 | 3,007 | 46.4% |
| 543 HIGHLAND AVENUE | 2025-06 | $1,555,000 | 2,478 | 44.7% |
| 234 PARK STREET | 2025-04 | $1,200,000 | 2,760 | 57.5% |
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