The Fair Share Report
415 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 $919,319 – $1,167,477, from 12 comparable Mountainside sales in the past 18 months (home size estimated from assessor data — range widened).
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 $1,007,414 home should be assessed near $718,185.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $22,285 below what the ratio math suggests (3.1%).
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%87%
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 |
|---|---|---|---|---|
| 253 MEETING HOUSE LANE | 2025-05 | $1,405,000 | 2,800 | 54.7% |
| 249 MEETING HOUSE LANE | 2025-10 | $905,000 | 2,900 | 74.3% |
| 657 HILLSIDE AVENUE | 2025-11 | $1,100,000 | 2,872 | 63.6% |
| 361 GREENBRIER COURT | 2025-04 | $990,000 | 2,907 | 63.0% |
| 330 TANAGER WAY | 2025-07 | $975,000 | 2,619 | 67.0% |
| 242 JUNIPER WAY | 2025-11 | $1,116,252 | 3,131 | 70.1% |
| 232 BEECHWOOD COURT | 2025-12 | $950,000 | 3,029 | 75.5% |
| 1381 OUTLOOK DRIVE | 2025-06 | $1,150,000 | 2,390 | 56.2% |
| 1216 WYOMING DRIVE | 2025-01 | $1,250,000 | 3,521 | 53.4% |
| 1049 SUNNY SLOPE DRIVE | 2025-03 | $1,401,000 | 3,107 | 52.9% |
| 1524 LONG MEADOW | 2025-05 | $798,000 | 2,365 | 77.4% |
| 367 GREENBRIER COURT | 2026-01 | $920,000 | 2,303 | 62.1% |
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