The Fair Share Report

46 Christopher St

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

≈ $1,346,748

Likely range $980,714 – $2,019,828, 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 $1,346,748 home should be assessed near $757,680.

Step 3 · Assessed value

$760,100

Set at the last town-wide revaluation and mostly frozen since. That's $2,420 above what the ratio math suggests (0.3%).

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

$26,725/yr
Public schools$15,346
Essex County$4,371
Town of Montclair$7,008
Montclair average$22,487

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

Town median 49.3%
This home · 56.4%

32%83%

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
446 VALLEY ROAD2025-07$1,358,0003,13840.9%
22 NO. WILLOW STREET2026-04$875,0003,25752.4%
41 OAKWOOD AVENUE2026-06$1,990,0002,91143.3%
157 WALNUT STREET2026-06$1,200,0002,94440.4%
190 ALEXANDER AVENUE2025-05$1,800,0003,01254.0%
1 WALDEN PLACE2025-08$855,0003,04056.1%
67 CEDAR AVENUE2025-06$999,9992,94541.2%
53 PORTLAND PLACE2025-01$960,0002,83449.1%
29 NORTHVIEW AVENUE2025-05$2,460,0002,82631.9%
26 FOREST STREET2025-05$1,200,0002,69738.8%
44 CHRISTOPHER STREET2025-03$1,075,0002,67550.4%
46 LLOYD ROAD2025-10$2,380,0003,53451.2%

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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 →