The Fair Share Report

4 Duryea Rd

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.

Step 1 · Market value

≈ $2,931,837

Likely range $2,183,814 – $4,248,819, from 12 comparable Montclair sales in the past 18 months, at this home's 7,242 sq ft.

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 $2,931,837 home should be assessed near $1,649,451.

Step 3 · Assessed value

$2,201,600

Set at the last town-wide revaluation and mostly frozen since. That's $552,149 above what the ratio math suggests (33.5%).

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

$77,408/yr
Public schools$44,450
Essex County$12,659
Town of Montclair$20,299
Montclair average$22,487

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

Town median 49.3%
This home · 75.1%

33%106%

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
257 UP. MOUNTAIN AVENUE2025-05$1,850,0006,13553.3%
35 AFTERGLOW WAY2025-01$2,000,0007,32761.0%
83 SO. FULLERTON AVENUE2025-11$1,750,0006,52748.3%
163 UNION STREET2025-01$2,900,0005,73758.2%
92-94 MIDLAND AVENUE2026-02$2,200,0005,55142.8%
270 UP. MOUNTAIN AVENUE2026-06$4,500,0006,14340.7%
372 UP. MOUNTAIN AVENUE2025-12$2,699,9996,42961.0%
81 PROSPECT AVENUE2025-05$4,650,0005,70934.3%
550 PARK STREET2025-05$3,800,0006,47760.8%
8 HELLER DRIVE2025-09$4,600,0006,96459.3%
190 UP. MOUNTAIN AVENUE2025-04$2,600,0006,85159.9%
29 HIGHLAND AVENUE2025-06$2,175,0006,18256.1%

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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 →