The Fair Share Report

486 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.

Step 1 · Market value

≈ $1,074,765

Likely range $969,916 – $1,198,805, from 12 comparable Mountainside sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

71.29%

The state's official measure of how far Mountainside assessments sit below market value — republished every October, applied town-wide. A $1,074,765 home should be assessed near $766,200.

Step 3 · Assessed value

$788,700

Set at the last town-wide revaluation and mostly frozen since. That's $22,500 above what the ratio math suggests (2.9%).

Step 4 · The tax rate — same for every Mountainside home

$2.099 per $100 assessed

$1.023 Schools · 49% $0.482 County · 23% $0.594 Town · 28%

Step 5 · The bill

$16,563/yr
Public schools$8,072
Union County$3,803
Town of Mountainside$4,687
Mountainside average$13,303

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

Town median 68.2%
This home · 73.4%

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)

AddressSoldPriceSq ftRatio
1256 POPLAR AVENUE2026-01$965,0003,25472.5%
232 BEECHWOOD COURT2025-12$950,0003,02975.5%
1153 RIDGE DRIVE2025-11$1,000,0003,67072.3%
361 GREENBRIER COURT2025-04$990,0002,90763.0%
242 JUNIPER WAY2025-11$1,116,2523,13170.1%
1601 JUSTIN PLACE2025-06$999,0004,07089.9%
1049 SUNNY SLOPE DRIVE2025-03$1,401,0003,10752.9%
1216 WYOMING DRIVE2025-01$1,250,0003,52153.4%
445 HILLSIDE AVENUE2025-10$1,102,0003,79477.2%
249 MEETING HOUSE LANE2025-10$905,0002,90074.3%
130 GREENWOOD ROAD2025-11$999,9993,05774.3%
1524 LONG MEADOW2025-05$798,0002,36577.4%

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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 →