The Fair Share Report

35 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

≈ $1,326,132

Likely range $776,065 – $1,638,824, 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 $1,326,132 home should be assessed near $746,082.

Step 3 · Assessed value

$602,200

Set at the last town-wide revaluation and mostly frozen since. That's $143,882 below what the ratio math suggests (19.3%).

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

$21,173/yr
Public schools$12,158
Essex County$3,463
Town of Montclair$5,552
Montclair average$22,487

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

Town median 49.3%
This home · 45.4%

31%83%

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
26 CLAIRIDGE COURT2026-04$1,600,0002,13042.1%
401 NO. FULLERTON AVENUE2025-10$1,450,0002,13248.1%
317 VALLEY ROAD2025-06$1,300,0002,16043.3%
10 LINDEN AVENUE2025-02$640,0002,20052.3%
220 GROVE STREET2025-03$955,0002,06060.8%
9 BELLAIRE DRIVE2025-04$1,302,7502,18844.6%
18 BRAEMORE ROAD2025-08$1,551,0002,09941.4%
30 WELLESLEY ROAD2026-05$1,500,0002,20048.0%
182 WILDWOOD AVENUE2025-03$1,660,0002,18643.0%
14 WARD PLACE2025-10$685,0002,10051.1%
449 VALLEY ROAD2025-07$940,0002,24961.5%
153 WILLOWDALE AVENUE2025-07$700,0002,21744.4%

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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 →