The Fair Share Report

4 Maple Ave

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

≈ $1,478,560

Likely range $1,392,793 – $1,664,363, 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 $1,478,560 home should be assessed near $831,838.

Step 3 · Assessed value

$447,900

Set at the last town-wide revaluation and mostly frozen since. That's $383,938 below what the ratio math suggests (46.2%).

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

$15,748/yr
Public schools$9,043
Essex County$2,575
Town of Montclair$4,130
Montclair average$22,487

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

Town median 49.3%
This home · 30.3%

21%70%

Keep quiet and enjoy it

This home's assessment ratio sits below the Montclair pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
6 HIGHMONT TERRACE2025-01$1,450,0002,35452.7%
217 PARK STREET2025-03$1,426,3702,29140.1%
17 MENDL TERRACE2026-05$1,581,0002,33042.5%
35 PORTER PLACE2025-07$1,525,0002,43047.2%
449 VALLEY ROAD2025-07$940,0002,24961.5%
660 RIDGEWOOD AVENUE2025-08$1,799,9992,51647.9%
182 WILDWOOD AVENUE2025-03$1,660,0002,18643.0%
58 CAMBRIDGE ROAD2026-01$1,410,0002,35548.3%
9 BELLAIRE DRIVE2025-04$1,302,7502,18844.6%
105 MONTCLAIR AVENUE2025-05$2,100,0002,52136.3%
3 GLENRIDGE PARKWAY2025-05$1,573,9002,51241.2%
110 GORDONHURST AVENUE2025-11$1,720,0002,53543.1%

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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 →