The Fair Share Report

44 Christopher St

Montclair, NJ 07109

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

≈ $1,441,617

Likely range $1,190,211 – $1,828,667, from 12 comparable Montclair sales in the past 18 months, at this home's 2,675 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 $1,441,617 home should be assessed near $811,054.

Step 3 · Assessed value

$542,000

Set at the last town-wide revaluation and mostly frozen since. That's $269,054 below what the ratio math suggests (33.2%).

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

$19,057/yr
Public schools$10,943
Essex County$3,116
Town of Montclair$4,997
Montclair average$22,487

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

Town median 49.3%
This home · 37.6%

24%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
26 FOREST STREET2025-05$1,200,0002,69738.8%
9 VINCENT PLACE2025-05$745,0002,70063.5%
11 MOUNTAINVIEW PLACE2025-12$1,200,0002,62137.2%
89 ELM STREET2025-12$1,350,0002,50538.2%
21 FOREST STREET2026-01$1,445,0002,60026.9%
462 GROVE STREET2025-07$1,900,0002,48238.9%
200 INWOOD AVENUE2026-03$1,999,9992,49540.5%
29 NORTHVIEW AVENUE2025-05$2,460,0002,82631.9%
53 PORTLAND PLACE2025-01$960,0002,83449.1%
214 INWOOD AVENUE2025-08$1,350,0002,59457.0%
41 OAKWOOD AVENUE2026-06$1,990,0002,91143.3%
386 PARK STREET2026-03$1,450,0002,73551.7%

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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 →