The Fair Share Report
44 Springbrook Rd E
Montville, NJ 07045
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 $370,728 – $442,119, from 12 comparable Montville 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 Montville assessments sit below market value — republished every October, applied town-wide. A $422,789 home should be assessed near $289,737.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $124,737 below what the ratio math suggests (43.1%).
Step 4 · The tax rate — same for every Montville home
$1.798 Schools · 67% $0.332 County · 12% $0.543 Town · 20%
Step 5 · The bill
This home vs. every recent Montville sale · assessed ÷ market
32%84%
Keep quiet and enjoy it
This home's assessment ratio sits below the Montville 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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 79 GENOBLE RD | 2025-05 | $440,000 | 1,098 | 55.9% |
| 71 GENOBLE RD | 2026-02 | $435,000 | 1,140 | 58.3% |
| 32 GENOBLE RD | 2025-01 | $475,000 | 1,140 | 53.6% |
| 84 GENOBLE RD | 2026-05 | $460,000 | 1,200 | 56.3% |
| 34 GENOBLE RD | 2026-01 | $440,000 | 1,190 | 59.8% |
| 41 GENOBLE RD | 2025-08 | $525,000 | 1,325 | 51.5% |
| 136 CHANGE BRIDGE UNIT D4 | 2025-06 | $402,000 | 1,175 | 55.6% |
| 136 CHANGE BRIDGE UNIT N4 | 2025-03 | $309,241 | 1,175 | 72.3% |
| 136 CHANGE BRIDGE UNIT G4 | 2025-03 | $340,000 | 1,175 | 64.9% |
| 136 CHANGE BRIDGE UNIT B8 | 2025-12 | $375,000 | 960 | 50.5% |
| 136 CHANGE BRIDGE UNIT P3 | 2026-06 | $450,000 | 955 | 42.2% |
| 136 CHANGE BRIDGE UNIT K3 | 2025-10 | $309,500 | 955 | 60.7% |
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