The Fair Share Report
375 Summit Rd
Mountainside, NJ 07092
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 $1,171,935 – $1,526,910, from 12 comparable Mountainside sales in the past 18 months, at this home's 4,301 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Mountainside assessments sit below market value — republished every October, applied town-wide. A $1,342,209 home should be assessed near $956,861.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $65,739 above what the ratio math suggests (6.9%).
Step 4 · The tax rate — same for every Mountainside home
$1.023 Schools · 49% $0.482 County · 23% $0.594 Town · 28%
Step 5 · The bill
This home vs. every recent Mountainside sale · assessed ÷ market
48%93%
Paying about right
This home's ratio lands inside Mountainside'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 |
|---|---|---|---|---|
| 1601 JUSTIN PLACE | 2025-06 | $999,000 | 4,070 | 89.9% |
| 1153 RIDGE DRIVE | 2025-11 | $1,000,000 | 3,670 | 72.3% |
| 1256 POPLAR AVENUE | 2026-01 | $965,000 | 3,254 | 72.5% |
| 445 HILLSIDE AVENUE | 2025-10 | $1,102,000 | 3,794 | 77.2% |
| 1605 JUSTIN PLACE | 2026-03 | $1,200,000 | 4,464 | 74.1% |
| 390 FOREST HILL WAY | 2025-08 | $1,325,250 | 4,068 | 77.8% |
| 130 MOUNTAINVIEW DRIVE | 2025-02 | $1,490,000 | 4,130 | 69.0% |
| 232 BEECHWOOD COURT | 2025-12 | $950,000 | 3,029 | 75.5% |
| 1216 WYOMING DRIVE | 2025-01 | $1,250,000 | 3,521 | 53.4% |
| 361 GREENBRIER COURT | 2025-04 | $990,000 | 2,907 | 63.0% |
| 242 JUNIPER WAY | 2025-11 | $1,116,252 | 3,131 | 70.1% |
| 236 KINGS COURT | 2025-04 | $1,615,000 | 5,798 | 71.5% |
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