The Fair Share Report

4 Mountain Pl

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

≈ $951,630

Likely range $864,535 – $1,213,875, from 12 comparable Montclair sales in the past 18 months, at this home's 2,051 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 $951,630 home should be assessed near $535,387.

Step 3 · Assessed value

$508,600

Set at the last town-wide revaluation and mostly frozen since. That's $26,787 below what the ratio math suggests (5.0%).

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

$17,882/yr
Public schools$10,269
Essex County$2,924
Town of Montclair$4,689
Montclair average$22,487

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

Town median 49.3%
This home · 53.4%

33%70%

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
28 FOREST STREET2025-06$999,9002,04038.6%
197 INWOOD AVENUE2025-05$1,600,3572,06450.0%
81 NO. FULLERTON AVENUE2025-12$840,0002,19349.1%
570 UP. MOUNTAIN AVE #12025-06$925,0002,05258.9%
47 NORTHVIEW AVENUE2026-04$1,825,0002,02337.5%
41 FOREST STREET2025-06$899,2001,93840.3%
11 VINCENT PLACE2025-03$1,177,0002,11741.6%
71 OAKWOOD AVENUE2025-06$1,800,0002,14437.3%
63 GREENWOOD AVENUE2026-01$840,0001,84539.9%
6 CHARLES STREET2025-04$765,0002,21065.4%
9 HAWTHORNE PLACE2026-01$650,0002,04935.8%
9 HAWTHORNE PLACE2025-11$400,0002,04958.2%

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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 →