The Fair Share Report

36 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

≈ $1,371,682

Likely range $849,053 – $1,455,082, 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 $1,371,682 home should be assessed near $771,708.

Step 3 · Assessed value

$639,500

Set at the last town-wide revaluation and mostly frozen since. That's $132,208 below what the ratio math suggests (17.1%).

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

$22,485/yr
Public schools$12,912
Essex County$3,677
Town of Montclair$5,896
Montclair average$22,487

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

Town median 49.3%
This home · 46.6%

33%81%

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
217 PARK STREET2025-03$1,426,3702,29140.1%
17 MENDL TERRACE2026-05$1,581,0002,33042.5%
6 HIGHMONT TERRACE2025-01$1,450,0002,35452.7%
449 VALLEY ROAD2025-07$940,0002,24961.5%
10 LINDEN AVENUE2025-02$640,0002,20052.3%
153 WILLOWDALE AVENUE2025-07$700,0002,21744.4%
524 UP. MOUNTAIN AVENUE2026-05$1,375,0002,40046.5%
35 PORTER PLACE2025-07$1,525,0002,43047.2%
180 WILDWOOD AVENUE2025-11$1,651,0002,23247.3%
58 CAMBRIDGE ROAD2026-01$1,410,0002,35548.3%
30 WELLESLEY ROAD2026-05$1,500,0002,20048.0%
12 LINDEN AVENUE2025-03$710,0002,40649.0%

Is this your house?

Run your own report →

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 →